Digital Core REIT, a prominent data centre real estate investment trust listed in Singapore, has announced a significant 10-year lease agreement with a global cloud service provider for its facility at 8217 Linton Hall Road, Virginia. This deal, commencing on 1 December 2026, is set to generate approximately US$14.8m in annualised net property income, with Digital Core REIT’s 90% share amounting to US$13.3m, marking a 35% increase from previous net rent.
The lease will bring the Linton Hall facility to full occupancy, enhancing the overall portfolio occupancy from 81% to 98%. Additionally, the annualised rent contribution from investment-grade customers will rise from 79% to 82%, whilst the portfolio’s weighted average lease expiration will extend from 4.7 years to 5.7 years.
John J. Stewart, CEO of Digital Core REIT Management Pte. Ltd., expressed satisfaction with the agreement, stating, “We are pleased that our Linton Hall facility was well positioned to meet the needs of this strategically important customer.” He highlighted the role of Digital Realty’s global platform and the strength of data centre fundamentals in facilitating this transaction, which aims to capture growth potential and enhance long-term unitholder value.
This strategic move underscores Digital Core REIT’s commitment to leveraging its industry-leading acquisition pipeline for sustained growth and stability in the data centre sector.
