NTT DC REIT (NTDU) Investor presentation summary

Portfolio overview

• Portfolio comprises 6 data center assets across the U.S., EMEA, and APAC, totaling 90.7 MW of design IT load and valued at US$1,670.2 million as of 31 March 2026.

• Occupancy rate stands at 95.1% with a weighted average lease expiry (WALE) of 4.5 years; 81.4% of assets are freehold.

• Major markets include Northern California (48.9% of value), Northern Virginia (15%), Vienna (17.5%), and Singapore (18.6%).

Sponsor and group structure

• Sponsor NTT Limited is part of NTT Group, a global IT and telecom leader with FY25/26 revenues of ~US$90.6bn and EBITDA of ~US$21.5bn.

• NTT Global Data Centers operates over 2,400 MW of capacity worldwide, making it the third largest data center provider.

• The REIT structure includes subsidiaries and sub-trusts in Singapore, the U.S., and Austria, with 100% ownership of all assets.

Financial performance and key highlights

• Net property income (NPI) and distributable income outperformed IPO forecasts by 2.3% and 2.5%, respectively, driven by higher tenant fit-out income, colocation revenue, and favorable FX.

• Distribution per unit (DPU) was 5.56 US cents, 2.6% above forecast.

• Portfolio valuation increased by 11.3% from IPO purchase consideration.

• Net asset value per unit rose 20% to US$1.14 as of 31 March 2026.