Digital Core REIT 1Q26 - UOB Kay Hian 2026-04-23: Switching To Expansion Mode

• Digital Core REIT (SGX:DCRU) reported distributable income of S$11.7m for 1Q26 (-0.1% y-o-y), which is in line with expectations.

Operational excellence offset downtime from Linton Hall.

• - Read this at SGinvestors.io -
• Contributions from JVs increased 95% y-o-y to US$1.8m due to the acquisition of a 20% stake in Digital Osaka 3 (completion: 25 Mar 25). Finance expenses rose 7% y-o-y in 1Q26.

Double-digit reversion from Northern Virginia.

• Digital Core REIT signed new and renewal leases representing US$3m of annualised rent in 1Q26. It achieved a cash rental reversion of 44%, predominantly from the renewal for its data centre at Devin Shafron Drive in Northern Virginia. Portfolio WALE was stable at 4.4 years.
• - Read this at SGinvestors.io -

Buying back units at huge discount to NAV.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2026-03-16 Digital Core REIT - Switching To Expansion Mode.

Price targets by other brokers at Digital Core REIT Target Prices.

Listing of research reports at Digital Core REIT Analyst Reports.

Relevant links:
Digital Core REIT Share Price History,
Digital Core REIT Announcements,
Digital Core REIT Dividend Payout Dates & Corporate Actions,
Digital Core REIT News