Digico Infrastructure Reit · ASX:DGT
Digico Infrastructure Reit — Corporate Update (December 2024)
19 slides from Digico Infrastructure Reit's corporate update, Dec 18, 2024
Slide 1: ASX Release: Briefing Presentation
HMC Digital Infrastructure Ltd (ACN 682 024 924) and Equity Trustees Limited (ACN 004 031 298; AFSL 240975) as responsible entity for the HMC Digital Infrastructure Trust (ARSN 682 160 578) ASX RELEASE 18 December 2024 BRIEFING PRESENTATION DigiCo Infrastructure REIT (ASX: DGT) provides the attached
Slide 2: DigiCo Briefing December 2024
For personal use only DigiCo Briefing 18 December 2024 0
Slide 3: Contents
For personal use only Contents. 1. DigiCo management team 3 2. HCF, FIRB and acquisition update 4 3. Valuation and capacity 6 4. SYD1 8 5. iseek 10 6. Funding, gearing and future optionality 11 Appendix 12 1
Slide 4: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY For personal use only DigiCo REIT acknowledges the Traditional Custodians of Country throughout Australia and celebrates their diverse culture and connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Abo
Slide 5: DigiCo Management Team
DigiCo Management Team Vertically integrated platform supported by 100+ dedicated and highly experienced global data centre management personnel and the broader HMC Capital platform Fully integrated capability across sales, Extensive experience in operating and Strong and diversified customer relati
Slide 6: SYD1 – FIRB & HCF Update
SYD1 – FIRB & HCF Update For personal use only SYD1 is a pivotal ▪ SYD1 is the only large-scale data centre campus in the Sydney CBD connected to all major component of submarine cables and intracity and intercity fibre networks Australia’s critical infrastructure ▪ Hosts sensitive data and provides
Slide 7: Status of acquisitions
Status of acquisitions DigiCo REIT has successfully settled on each of the acquisitions in the IPO Portfolio1 and is trading unconditionally as of the date of this document. Settlement for SYD1 is expected to occur 18 December Planned IT Installed IT Acquisition Strategy Type Tier Contract type capa
Slide 8: Forecast and pro-forma financials
Forecast and pro-forma financials DigiCo settlement for SYD1 is expected to occur on 18 December (+A$66m EBITDA) and contracted EBITDA for CHI1 (+A$66m) is de-risked given earnings guarantee provided by AA rated counterparty ▪ Lease-up: 9MW of Installed IT Capacity available EBITDA bridge ▪ SYD1 bro
Slide 9: Growth pipeline embedded in the portfolio
Growth pipeline embedded in the portfolio Material value embedded, to be realised through lease-up, densification and optimisation initiatives across Value- Add assets and attractive brownfield and greenfield development opportunities IT Capacity (MW) A Value-Add and Development legend Contracted an
Slide 10: SYD1 Overview
SYD1 Overview Strategically positioned asset with a high-quality and diverse customer base and clear growth initiatives to drive meaningful near to medium-term earnings and value accretion Asset overview For personal use only ▪ Two large-scale adjoining data centres in inner Sydney – the only large-
Slide 11: SYD1 Investment Highlights
SYD1 Investment Highlights SYD1 is critical to Sydney Metro supply in an increasing crowded and supply constrained market For personal use only Sydney market Key highlights There is limited available capacity across the low latency Sydney Metro1 market given lack of available land and power Attracti
Slide 12: iseek portfolio
iseek portfolio Leading Co-location data centre platform with a diverse customer base, long-term customer relationships and material growth potential through existing and new capacity lease-up Asset overview For personal use only ▪ iseek comprises a portfolio of seven Co-location data centres locate
Slide 13: Funding, gearing & future optionality
Funding, gearing & future optionality DigiCo REIT will target a Gearing range of 35% to 45% – with potential to selldown minority stakes in seed assets into an Unlisted Fund1 to support the balance sheet Funding strategy For personal use only ▪ DigiCo REIT Pro Forma Gearing on Completion of 35.1% at
Slide 14: Appendix
For personal use only Appendix 12
Slide 15: Differentiated investment strategy and Portfolio construction
Differentiated investment strategy and Portfolio construction DigiCo REIT will target a diversified exposure across risk-return profiles STABILISED LEASE-UP AND VALUE-ADD DEVELOPMENT For personal use only Model Portfolio ~40 – 50% ~40 – 50% ~10 – 20% Target IRR1 8 – 12% 12 – 15% 15 – 30%+ Greenfield
Slide 16: Further Information
Further Information For personal use only Investors and analysts Media Misha Mohl Simon Mitchell John Frey Group Head of Strategy, Research & DigiCo Chief Financial Officer Corporate communications Investor Relations +61 422 371 575 +61 434 565 210 +61 411 361 361 misha.mohl@hmccapital.com.au simon.
Slide 17: Important notices and disclaimer
Important notices and disclaimer This briefing presentation (Presentation) is dated 18 December 2024 and has been prepared by HMC Digital Infrastructure Limited (ACN 682 024 924) (DigiCo StapleCo), in respect of DigiCo Infrastructure REIT, a stapled entity comprising DigiCo StapleCo and Equity Trust
Slide 18: Important notices and disclaimer
Important notices and disclaimer Financial information All financial information in this Presentation is in Australian dollars ($ or AUD) unless otherwise stated. This Presentation may include certain pro forma financial information. Any such pro forma historical financial information provided in th
Slide 19: For personal use only
For personal use only 17
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