DigiCo Infrastructure to Debut on ASX

MT Newswires Live

2024/12/13

Data center operator DigiCo Infrastructure REIT (ASX:DGT) will debut on the Australian Securities Exchange Friday, following an initial public offering that raised roughly AU$2 billion to mark Australia's largest initial public offering since mid-2018.

DigiCo Infrastructure, established by alternative asset manager HMC Capital (ASX:HMC), will have an offer price of AU$5 when it starts trading at noon in Sydney.

The company seeks to leverage its position amid a demand for data centers, buoyed by the rise of artificial intelligence.

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