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Update: DigiCo Infrastructure REIT Agrees to Sell Chicago Facility for $750 Million; Shares Up 22%

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-- (Updates to add stock movement in the headline and last paragraph)

DigiCo Infrastructure REIT (ASX:DGT) agreed to sell its Chicago facility for $750 million to a third-party North American fund manager, according to a Wednesday filing with the Australian bourse.

The sale, expected to reach financial close in the first quarter of fiscal year 2027, is anticipated to release net cash proceeds of AU$360 million post repayment of asset-level debt and increase available liquidity to AU$900 million, the filing said.

The company maintained its fiscal year 2026 underlying earnings before interest, taxes, depreciation, and amortization guidance of AU$125 million, per the filing.

The company's shares jumped around 22% in recent Wednesday trade.

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