NTT DC REIT: Singapore’s Data Centre Power Play

NTT DC REIT has made waves with Singapore’s largest REIT IPO in over a decade, raising approximately US$773 million across institutional and public tranches. Sponsored by NTT Limited, one of the world’s largest data centre operators, this REIT offers investors a rare gateway into the high-growth digital infrastructure sector.

🌍 Global Footprint, Local Relevance

The REIT’s portfolio spans six carrier-neutral, Tier III-equivalent data centres across the US, Austria, and Singapore, valued at US$1.6 billion. With a combined IT load of 90.7 MW, the assets cater to a balanced mix of hyperscale (51%) and colocation (49%) tenants, including major cloud providers.

💰 Yield & Structure

• Forecasted Distribution Yield: 7.5% (9M25/26), 7.8% (FY26/27)
• Gearing Ratio: 35.0%
• Occupancy Rate: 94.3%
• WALE: 4.8 years

NTT DC REIT commits to distributing 100% of its distributable income in the initial years, with semi-annual payouts, making it attractive for yield-focused investors.

🧠 Strategic Edge

Backed by cornerstone investors like GIC, UBS, and Hazelview, and anchored by NTT’s global pipeline of over 2,000 MW in data centre capacity, the REIT is positioned for organic growth and future asset injections.