Digital Core REIT signs 10-year lease for full occupancy of Virginia data centre

SGX Filings
Jan 05

Digital Core REIT announced on Jan, 05 2026 that it has signed a 10-year agreement with an investment grade global cloud service provider to lease 100% of its 8217 Linton Hall Road data centre in Northern Virginia.

The transaction raises portfolio occupancy to 98% from 81%, increases the share of investment grade rental income to 82% from 79% and extends the weighted average lease expiry to 5.7 years from 4.7 years.

The new lease is priced 35% above the facility’s previous net rent and was executed within six months of the prior tenant’s departure. The deal also boosts the data centre’s sellable capacity by 13% to 10.8 MW.

Following the lease-up, the REIT’s five largest customers will comprise 73% of annualised rent, with the new tenant contributing 17%, second only to a Fortune 50 software company at 26%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10