124 views
/DigiCore Reit

Digital Core REIT’s NPI down 2.3% YoY in Q1

Its net property income (NPI) declined to US$17.4m ($23.2m).

Real estate firm, Digital Core REIT, revealed that its NPI fell 2.3% year-on-year to US$17.4m ($23.2m) in the first quarter (Q1) of 2023. 

However, this NPI is 5% higher than the expected NPI of the firm in Q1 2023.

Its AUM was at $2.01b (US$1.58b) whilst its occupancy rate is at 97%, as of March 2023. 

Amongst its goals are strengthening its existing portfolio and backfilling remaining vacancy in Toronto.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!