David Di Pilla’s $4 billion data centre REIT, DigiCo, is selling like hot cakes among retail and high-net-worth investors, sources told this column on Thursday. - Nearly $700m in orders from 2 brokers - Morgans and Bell Potter. With another 9 or so banks and brokers remaining. The raise is only $1.6bn.
so demand is definitely strong and theres no issue with this. It will be oversubscribed. Question is the after market secondary demand, after it lists of course. I think a few % stag is likely, with further growth if it can acquire more Data centres with its unlisted partner fund. I have bid for some.
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