Daiwa House Logistics Trust distributable income drops 18.5% to S$ 12.79 million in 1H FY26; revenue falls 11.8% to S$ 25.73 million

PUBT · 1d ago
Daiwa House Logistics Trust distributable income drops 18.5% to S$ 12.79 million in 1H FY26; revenue falls 11.8% to S$ 25.73 million
  • Daiwa House Logistics Trust posted 1H FY2026 distribution per unit of 1.82 cents, down 18.8%, with distributable income falling 18.5% to S$ 12.79 million.
  • Revenue dropped 11.8% to S$ 25.73 million, while net property income slid 13.4% to S$ 19.51 million.
  • Aggregate leverage edged down to 40.1% as of June 30, 2026, while interest coverage ratio stood at 4.8x and fixed-rate borrowings were 99.3%.
  • Portfolio occupancy was 87.8% with WALE of 6.1 years; July occupancy improved to 88.5% after partial backfill at DPL Koriyama lifted it to 92.3%.
  • CEO Jun Yamamura said results were hit by heightened vacancy, with the manager focused on lifting occupancy and refinancing JPY 12 billion of borrowings maturing in late 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daiwa House Logistics Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 2OM70LJQKJPMFVHK) on August 04, 2026, and is solely responsible for the information contained therein.