Link: https://links.sgx.com/1.0.0/corporate-announcements/7SGQAD05C604VVLT/238a17d094cbece358e576127898c3104ade5e1db66df5545ae76517ea0b2a74

Summary:

• Distribution Per Unit (DPU): Declared a DPU of 3.60 US cents for FY2024.

• Leasing Activity: Secured new and renewal leases totaling US$74 million in annualized rent, achieving a cash rental rate reversion of 4.3%

• Portfolio Occupancy: Maintained a high occupancy rate of 96.7% as of 31 December 2024, with a weighted average lease expiration of 4.8 years.

• Acquisitions:

  • Osaka Data Centre: Acquired an additional 10% interest for approximately US$51.5 million in March 2024.​
  • Frankfurt Facility: Increased ownership by 24.9% in April 2024 and a further 15.1% in December 2024, valuing the property at approximately US$517 million.

• Unit Buy-Back: Repurchased 27 million units at an average price of US$0.576, resulting in a DPU accretion of approximately 1.8%. 

• Financial Position: As of 31 December 2024, total debt stood at US$552 million, with an aggregate leverage ratio of 34.0% and a weighted average debt maturity of 4.7 years. 

Note: All data is sourced from Digital Core REIT's FY2024 Annual Report.