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DigiCo Infrastructure REIT to Sell Los Angeles Sites; Reaffirms Fiscal 2026 Underlying EBITDA Guidance

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DigiCo Infrastructure REIT (ASX:DGT) entered into a conditional purchase and sale agreement to sell its LAX1 and LAX2 sites in Los Angeles, according to a Friday Australian bourse filing.

The real estate investment trust's available liquidity will increase to around AU$1 billion after the sale of the Los Angeles sites and CHI1 in Chicago, providing funding for the SYD1 development.

Completion of the transaction is subject to customary conditions and is expected to occur in the first half of fiscal 2027.

The REIT reaffirmed its fiscal 2026 underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of AU$125 million, per the filing.

The REIT's shares gained about 1% in recent Friday trade.

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