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DigiCo Infrastructure REIT signs conditional agreement to sell LAX1 and LAX2 sites

#International News#Commercial#Australia
Synopsis

DigiCo Infrastructure REIT has entered into a conditional agreement to divest its LAX1 and LAX2 sites, marking a strategic move in its asset portfolio management. While the company has not disclosed financial details of the transaction, it has reaffirmed its FY26 underlying EBITDA guidance of AUD 125 million, indicating confidence in its operating performance despite the planned asset sale. The announcement comes as infrastructure and data centre-focused REITs continue to optimise their portfolios to support growth, capital allocation strategies and long-term operational efficiency.

DigiCo Infrastructure REIT has entered into a conditional agreement to sell its LAX1 and LAX2 sites, according to a company announcement made recently. 
The company confirmed that the proposed transaction remains subject to certain conditions before it can be completed. However, no further details regarding the buyer, transaction value or expected completion timeline were disclosed. 
Alongside the announcement, DigiCo Infrastructure REIT reaffirmed its FY26 underlying EBITDA guidance of AUD 125 million. The reaffirmation signals that the company does not expect the proposed disposal to impact its previously stated earnings outlook for the financial year. 
The move forms part of the broader trend among infrastructure and real estate investment trusts to actively manage asset portfolios, recycle capital and focus investments on strategic growth opportunities. Asset disposals are often used to improve balance sheet flexibility, support new developments and optimise long-term returns. 
DigiCo Infrastructure REIT, which focuses on digital infrastructure assets, has been expanding its presence in the growing digital infrastructure sector as demand for data storage, cloud services and connectivity infrastructure continues to increase globally. 
The company has not yet provided additional information on the terms of the agreement or the intended use of proceeds from the proposed sale. 
Source Reuters

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