Australia's HMC Capital launches $1.79 billion IPO for DigiCo REIT

HMC Capital

20/11/2024 22:10

Nov 21 (Reuters) - Australia's HMC Capital  HMC.AX  on Thursday unveiled plans to create
DigiCo REIT, a new ASX-listed digital infrastructure real estate investment trust, in a A$2.75
billion ($1.79 billion) underwritten initial public offering. 
    DigiCo REIT will manage A$4.3 billion worth of data center assets across the U.S. and
Australia.

($1 = 1.5378 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru; editing by Alan Barona)
 ((Roushni.Nair@thomsonreuters.com))