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Digital Core REIT signs 10-year lease for US facility

The agreement is expected to raise annual income by 35%.

Digital Core REIT, a data centre-focused real estate investment trust, has signed a 10-year lease with a global cloud service provider for its facility at 8217 Linton Hall Road, Virginia, US.

The agreement, set to begin on 1 December 2026, is expected to generate around $19.07m (USD 14.8m) annually or $17.14m (USD 13.3m) for Digital Core REIT’s 90% stake, marking a 35% increase from previous rental income.

The lease will return the Linton Hall facility to full occupancy and lift the REIT’s overall portfolio occupancy from 81% to 98%.

Rent from financially strong, “investment-grade” tenants will also rise from 79% to 82%, whilst the average lease length across the portfolio extends from 4.7 to 5.7 years, improving revenue stability, according to a press statement from Digital Core REIT.
 

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