Share
1,204 Posts.
lightbulb Created with Sketch. 43
clock Created with Sketch. 17/04/24
16:29
Share
Originally posted by Rokc69:
↑
Scroggie told analysts on Thursday that NextDC had considered the group’s structural options – things like spinning out developed data centres into a real estate investment trust – although it was too early. “We keep an open mind,” he says.His main message was about the growth in demand for data centre space and the need to start developing its new sites “as fast as we can”. In his mind, this story is just getting started. Digital infrastructure, which takes years to build, is well behind the growth in AI and has to catch up.Scroggie will get his money – the ducks are hungry and Thursday’s deal was underwritten by investment banks RBC Capital and Morgan Stanley.To keep them hungry, he has to spend it wisely. Potential can get you into the ASX 50, but staying there is about delivery.
Expand
Should call it APDC Trust 2, 360 is readty for round 2.
(20min delay)