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DigiCo to Sell Chicago Data Centre for $750 Million

The sale frees cash that DigiCo says could lift near‑term payouts.

Overview

  • DigiCo said it agreed to sell its CHI1 Chicago site to an unnamed North American fund manager for $750 million.
  • The company expects about A$360 million in net cash from the deal, which it says would lift liquidity to roughly A$0.9 billion and could support higher short‑term distributions.
  • The transaction is slated to close in the first quarter of fiscal 2027, subject to completion conditions.
  • Australian Financial Review reported a $1 billion sale figure, which conflicts with the company’s stated $750 million price and remains unresolved in public reports.
  • AFR says DigiCo is looking to sell more North American assets to focus investment on its flagship Sydney data centre.