NTT DC REIT is a Singapore-based real estate investment trust that primarily invests in data center assets owned and operated by NTT DATA, focusing on stabilised income-producing properties to support the digital economy. Founded in 2025 and headquartered in Singapore, the REIT is sponsored by NTT Limited, a subsidiary of the NTT DATA Group, leveraging its extensive data center development and operational capabilities to deliver stable, sustainable performance across its portfolio. The initial portfolio comprises six data center assets located in the United States, Austria, and Singapore, with an aggregate IT load capacity of approximately 90 MW, and the REIT seeks to expand through acquisitions and asset-enhancement initiatives to grow its global data center footprint. Core products and services include ownership and operation of data center facilities, tenancy services, mission-critical infrastructure management, colocation space leasing, and related digital infrastructure services, with revenue generated from base rents, service fees, and ancillary charges. Geographic operations span Asia-Pacific, North America, and Europe, with ongoing strategic efforts to broaden asset ownership and optimize portfolio deployment through aligned sponsorship, disciplined capital management, and active asset management initiatives. The company’s most recent developments include public listing on the Singapore Exchange, strengthening of lease maturities and occupancy metrics, ongoing negotiations with related-party tenants in Singapore, potential management fee restructurings, and an active pipeline of high-conviction acquisition targets representing a portion of NTT DATA’s global data center portfolio. NTT DC REIT’s business model emphasizes exposure to the growth in digital infrastructure, supported by an integrated sponsor with a global data center ecosystem, and aims to deliver value to unitholders through stable cash flows, strategic acquisitions, and operational improvements across its stabilised portfolio.