Investor Presentaiton
Achieved 100% lease renewal in FY2023
Leasing and lease renewal activities in FY2023
Daiwa HouseⓇ
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During FY2023, the remaining vacant space was leased while all 4 leases that expired were
renewed
100% renewal rate ensured no disruption to income stream
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Through the renewals, DHLT retained high quality tenants in 3PL sector
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All lease agreements for leases renewed contained “green” clause as DHLT continue to improve
its sustainability efforts
Upcoming 1Q 2024 and BTS renewal
In 1Q FY2024, there are 3 leases expiring, which takes up 32,900 sqm of space or 7.4% of the
total portfolio NLA
Space to be vacated in two multi-tenanted properties, DPL Kawasaki Yako (c. 2% of total portfolio
NLA) and DPL Koriyama (c. 1% of total portfolio NLA) by end of March 2024, Property Manager
are currently in discussion with prospective new tenants for these spaces
Tenant for D Project Kuki S, a built-to-suit property ("BTS"), has indicated intention to renew the
lease and discussion is in advanced stage
As part of DHLT's sustainability efforts, LED lightings will be installed in D Project Kuki S and
thereafter proceed to obtain "green" rating for the property
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