2258 GMT - DigiCo Infrastructure REIT has some operational momentum as it seeks to put a testing year following its IPO behind it. DigiCo Infrastructure REIT signaled Australian contracted IT capacity will increase to 41 MW by June next year. That's up from 21MW at end-FY 2025. Bell Potter cuts its forecast for funds from operations by 29% to A$73.4 million. Its dividend assumption drops by 29% to A$0.12/share, from A$0.17/share, to align with company guidance. Still, analyst Andy MacFarlane says positive momentum and an improving outlook for FY 2027 is more important. DigiCo Infrastructure REIT's update suggests an annualized run-rate Ebitda of A$180 million for FY 2027. That "should help to narrow the prevailing gap to asset backing (19% discount to net tangible assets," Bell Potter says. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
October 05, 2025 18:58 ET (22:58 GMT)
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