NTT DC REIT FY26 - UOB Kay Hian 2026-05-14: Inching Closer To Kicking Off Maiden Acquisition

• NTT DC REIT (SGX:NTDU) declared a maiden DPU of 5.56 US cents for 2HFY26 (2.6% above IPO forecast), which is in line with our expectation.

Surpassed IPO forecast.

• - Read this at SGinvestors.io -

Portfolio occupancy on an upward trend.

• Portfolio occupancy improved 0.5ppt q-o-q to 95.1% in 4QFY26 due new leases at CA1 and VIE1. Occupancy at CA1 improved 3.3ppt to 93.6%, while occupancy at VIE1 improved 0.5ppt to 92%.

• - Read this at SGinvestors.io -

Ramp-up by new tenants in 1QFY27.

• Most of the new leases secured in 3QFY26 are expected to commence in 1QFY27. Management expects CA1 to be fully occupied and occupancy at CA3 to hit high-90%. Occupancy for SG1 should recover above 95%. Portfolio occupancy is expected to increase 3ppt to 98% in 1QFY27 when new leases previously committed commences.

Portfolio valuation increased 11.3%

• 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:
2026-04-08 NTT DC REIT - Inching Closer To Kicking Off Maiden Acquisition.

Price targets by other brokers at NTT DC REIT Target Prices.

Listing of research reports at NTT DC REIT Analyst Reports.

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