Digital Core REIT's (SGX:DCRU) distribution per unit (DPU) for the second half of 2024 rose 1.1% to $0.0180 from $0.0178 a year prior, a Wednesday filing with the Singapore Exchange stated.
Analysts polled by Visible Alpha estimated diluted earnings per share of SG$0.024.
Distributable income to unitholders rose 17% to $23.4 million from $20.0 million a year earlier.
Net property income was up 13% to $31.4 million from $27.9 million.
Gross revenue was up 10% year over year to $54.0 million from $49.2 million, mainly due to new and renewed leases.
The REIT maintained a 97% portfolio occupancy during the period.
Shares of the REIT were up nearly 3% in recent trading.
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