ASX:DGTSpecialized REITs
Assessing DigiCo Infrastructure REIT (ASX:DGT) Valuation After US$750m Chicago Data Centre Sale
DigiCo Infrastructure REIT (ASX:DGT) has agreed to sell its CHI1 Chicago data centre for US$750 million, using the proceeds to cut debt, lift liquidity and accelerate its flagship SYD1 Sydney expansion.
See our latest analysis for DigiCo Infrastructure REIT.
The Chicago sale news has arrived after a sharp 67.84% 30 day share price return and a 20.59% 7 day share price return. However, the 1 year total shareholder return of a 2.61% decline indicates that this momentum is relatively recent...