What's on your mind?
???????@Longbridge Singapore
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
$NTT DC REIT USD(NTDU.SG)
NTT DC REIT: Better Fee Alignment, but Is It the Best Data Centre REIT?
The manager plans to link performance fees to DPU growth and issue management-fee units at no less than NAV. It also proposes waiving FY2026/27 performance fees if DPU falls below US$0.078 and capping fees at US$3.726 million. These measures could reduce misaligned incentives and unnecessary dilution, although sustainable DPU growth remains the real test.
Fundamentals and valuations
NTT reported FY2025/26 revenue of US$164.8 million, net property income of US$74.9 million and DPU of 5.56 US cents, exceeding IPO forecasts. Gearing stood at 29.2%, with occupancy reaching 98.5% in Q4.
As of August 2026, NTT traded at approximately 0.8 times book value with a 5.9% distribution yield. Keppel DC REIT traded at 1.3 times book with a 5.0% yield, while Digital Core REIT offered a 7.1% yield at 0.6 times book.
Technicals and peer comparison
NTT closed at US$0.935 on October 8, below its US$1 IPO price, reflecting weak price momentum despite encouraging fundamentals. Current moving-average and RSI signals should be checked before confirming a technical reversal.
Keppel DC REIT stands out for operating momentum, with 1H26 DPU growth of 11.3%. Digital Core REIT offers the highest yield but carries greater balance-sheet risk, with gearing of 39.2% and flat 1H26 DPU.
Investment verdict
NTT could appeal to value investors seeking a discount to NAV, relatively low gearing and improved management alignment. However, Keppel DC REIT looks more compelling for investors prioritising distribution growth and financial resilience. Digital Core REIT suits income seekers willing to accept greater risk.
Ultimately, NTT’s fee reform is encouraging, but investors should demand evidence of sustainable DPU growth before treating its valuation discount as a bargain.
What is your favourite and current strategy for consistent income generation and on what type of stocks/etf/index ?
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
keep it simply is the best now.
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
Good Morning Options Puppy.
Do you have a minimum risk-reward ratio (20%, 30%..) in mind before placing a trade?
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
Thanks for sharing
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
hi, what's your criteria for a quality company? Is it FCF? Is it a value company?
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
Hi Bridgers, some good news 👋
The Q&A with @optionspuppy now runs until Wed 28 Oct, 23:59 SGT (previously 25 Oct).
23 years as a tutor, and his most expensive lesson in markets was that being right about a company isn't enough. He's still in the comments answering, so if you missed the weekend, now's your chance.
🎁 100 Task Coins for an on-topic comment of 10 words or more
🏆 I'll pick the 3 best questions, SGD 2 stock cash voucher each
Ask your question in the original post below so it counts 👇
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
🐶 My Advice to Beginners: Start Small, Be Patient, and Keep Learning
Options trading may look daunting at first, but I believe anyone willing to learn step by step can gradually understand how it works. My advice is to start with the basics: understand calls and puts, strike prices, expiration dates, premiums, and the risks involved before putting real money on the line.
📚 Does It Take Long to Learn Options Trading?
I would say the basics can be learned in a few weeks, but mastering options trading takes much longer. Learning the mechanics is one thing; managing emotions, understanding market conditions, and controlling risk is another. Even experienced traders continue learning because the market is always changing.
🌟🌟🌟A Big Thank You @optionspuppyfor sharing your investing journey. I like your user name Options Puppy as it is personifies a friendly and really approachable person.
What is your advice to those who are new to Options trading on how to start. It can be a rather daunting task.
Does it take long to learn options trading?
What are the risks to look out for?
I totally agree with you that Patience especially when it comes to investing is a key ingredient to be successful.
May you continue to shine your light and share your wisdom with the Longbridge community.
🌟🌟🌟A Big Thank You @optionspuppyfor sharing your investing journey. I like your user name Options Puppy as it is personifies a friendly and really approachable person.
What is your advice to those who are new to Options trading on how to start. It can be a rather daunting task.
Does it take long to learn options trading?
What are the risks to look out for?
I totally agree with you that Patience especially when it comes to investing is a key ingredient to be successful.
May you continue to shine your light and share your wisdom with the Longbridge community.
ABOUT THIS COLUMNBridgers’ Stories is Longbridge Singapore’s community interview column.Every episode, we sit down with one member of this community — someone whose posts you already scroll past every...
