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 - XLRE News | Rallies
Aggregate leverage edged down to 40.1% as of June 30, 2026, while the interest coverage ratio stood at 4.8x and fixed-rate borrowings were 99.3%.
Portfolio occupancy was 87.8% with a WALE of 6.1 years; July occupancy improved to 88.5% after partial backfill at DPL Koriyama lifted it to 92.3%.
Management comments and refinancing focus
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.
1H FY2026 results decline on higher vacancy
Daiwa House Logistics Trust posted 1H FY2026 distribution per unit of 1.82 cents, down 18.8%, with distributable income falling 18.5% to .
XLRE•
