Daiwa House Logistics Trust (DHLT)

Results

Daiwa House Logistics Trust reports 1HFY2023 DPU of 2.61 cents, up 0.4% y-o-y

Unitholders will receive their DPUs on Sept 26.

New appointments

CEO of Daiwa House Logistics Trust’s manager resigns as part of succession planning

He will be replaced by Jun Yamamura, who will step into the role with effect from June 1.
Daiwa House Logistics Trust reports 2.5% higher distributable income of $9.1 mil - THE EDGE SINGAPORE

Results

Daiwa House Logistics Trust reports 2.5% higher distributable income of $9.1 mil

Net property income (NPI) rose by 0.1% y-o-y to JPY1.15 billion during the quarter.

Broker's Calls

DBS maintains 'buy' call for Daiwa House Logistics Trust, raises TP to 80 cents

The brokerage noted that the “worst is over” for the trust as the yen bottoms out.
Daiwa House Logistics Trust reports FP2022 DPU of 5.70 cents, in line with forecast - THE EDGE SINGAPORE

Results

Daiwa House Logistics Trust reports FP2022 DPU of 5.70 cents, in line with forecast

The trust’s DPU will be paid on March 30.
Weakening yen hits DHLT despite strong occupancy and long WALE: DBS - THE EDGE SINGAPORE

Broker's Calls

Weakening yen hits DHLT despite strong occupancy and long WALE: DBS

While the REIT did well in 3QFY2022, the weak JPY meant that its revenue and NPI were lower in SGD.

New appointments

Daiwa House Logistics Trust manager appoints Natalie Wong Chin Ping as Chief Financial Officer

Natalie Wong was announced as CFO of Daiwa House Asset Management Asia with effect from Sep 1
DBS cuts Daiwa House Logistics Trust TP to 88 cents to account for weaker JPY - THE EDGE SINGAPORE

Broker's Calls

DBS cuts Daiwa House Logistics Trust TP to 88 cents to account for weaker JPY

The analysts are maintaining their “buy” call on DHLT as the trust continues to enjoy strong operating fundamentals.
Currency risk, capital management, bond yields pressure Digital Core REIT and Daiwa House Logistics Trust   - THE EDGE SINGAPORE

REITs

Currency risk, capital management, bond yields pressure Digital Core REIT and Daiwa House Logistics Trust

Falling yen impacts Daiwa House Logistic Trust's NAV while floating rates could affect Digital Core REIT's DPU, growth strategy
×