The Chicago asset is a Hyperscale data centre with a 32MW IT Capacity turnkey lease agreement executed with a global leading Hyperscale Customer for a 15-year term. The data centre totals approximately 16,000 square metres of NLA. Custom fit-out of the building has commenced and the first phase is expected to be delivered in late 2025. The remaining 12MW is expected to be completed by July 2026. On Completion, DigiCo REIT is expected to acquire this asset as a turnkey project with full recourse to other parties for delivery and the contracted revenue stream.

The design and engineering of the asset was sponsored by previous owners, which utilised a sector-leading operations and development team in the wholesale and Hyperscale Data Centre space with a track record of operational excellence. Existing relationships with US data centre developers play an important role in positioning DigiCo REIT to capitalise on favourable acquisition opportunities as they arise.