NTT DC REIT reported results for the financial year ended Mar, 31 2026, posting net property income of about 96.6 million Singapore dollars, 2.3% above its initial public-offering forecast. Distributable income reached roughly 74.1 million Singapore dollars, 2.5% higher than projected, supporting a distribution per unit of 7.17 Singapore cents, up 2.6% on expectations.

The trust’s portfolio was valued at approximately 2.16 billion Singapore dollars, an 11.3% increase over the IPO purchase consideration. Portfolio occupancy stood at 95.1%, rising to 98.5% when including signed leases yet to commence, while weighted average lease expiry was 4.5 years. FY25/26 rent reversion came in at +8.5%, or +13.7% when the renewed Singapore SG1 lease is included.

Balance-sheet metrics remained conservative: aggregate leverage was 29.2%, interest-coverage ratio 4.2 times and the weighted average all-in interest rate 4.01%, with 70% of debt fixed and all assets unencumbered.

Operationally, the trust renewed the SG1 master services agreement with NTT Singapore, securing a 23% rental uplift, 5% annual escalations and a new three-year term beginning Apr, 01 2026, leaving NTT Singapore as anchor tenant with 2.7 MW contracted capacity.

Management said it is evaluating a revised fee structure to better align interests with unitholders and targets an extraordinary general meeting by the third quarter of FY26/27. The manager also reiterated plans to pursue accretive acquisitions from the sponsor’s right-of-first-refusal pipeline.