This Month
HMC goes on the offensive to woo market bearish on its data centres
The asset manager showed dozens of institutional investors and analysts around its major Sydney site, pointing to optimistic research to back up its plan.
- Tess Bennett
- Opinion
- Chanticleer
Lapped up at $5, unloved at $4.30 – Di Pilla’s year-end IPO shocker
How do you turn on sentiment if nothing has changed and at a time of the year when institutions turn off the taps?
- Anthony Macdonald
‘Instant gratification’ investors drive 14pc fall in data centre float
Investors have sold out of data centre landlord DigiCo after it failed to fire up following its much-hyped float on Friday, say brokers.
- Larry Schlesinger
David Di Pilla says US a ‘huge’ opportunity for data centre REIT
Speaking ahead of the float today of data centre trust DigiCo Infrastructure REIT, David Di Pilla says the much bigger US market is a natural extension of his ambitions.
- Updated
- Larry Schlesinger
- Opinion
- Chanticleer
DigiCo float is a ‘ticket to the dance’ for Di Pilla
The biggest IPO of the year is all about capturing the momentum around the world’s biggest investing theme: artificial intelligence. DigiCo is now in the biggest game in town.
- James Thomson
Inside the morning meeting of the market’s biggest fee payer
The big year of deal making at David Di Pilla’s HMC Capital has been a blessing for investment banks in an otherwise patchy 12 months. Can it maintain the pace?
- Jemima Whyte
- Opinion
- Chanticleer
‘Overvalued’: Early verdict on DigiCo float feels like a GyG rerun
David Di Pilla cleverly and quickly seized on the hottest story in markets to get his listing away. But a bigger debate is brewing on the data centre sector.
- James Thomson
November
Di Pilla’s HMC Capital on track for 90pc boost to earnings
The outperformance of its private equity fund and fees generated from its data centre IPO have supercharged earnings.
- Larry Schlesinger
David Di Pilla’s favourite chairman applies some whitewash
The prodigious dealmaker tapped Joseph Carrozzi to be chairman of DigiCo REIT. Just don’t mention his former employer.
- Mark Di Stefano
Di Pilla’s $4b data centre play books December debut on ASX
The much-heralded float from the deal-making dynamo taps into one of this year’s hottest themes across the infrastructure, technology and property sectors.
- Nick Lenaghan
Done deal! Di Pilla’s data centre REIT DigiCo locks its $2.75b ASX debut
It’s Australia’s biggest IPO in six years and adds a new data centre exposure to the ASX.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Di Pilla’s data centre REIT in $362m fee grab
If DigiCo gets off the ground – which it looks like it will – HMC Capital can expect at least $85 million in extra revenue in the first year. And 12 brokers will take home $107 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Di Pilla’s HMC out of race for Neoen’s Victorian portfolio
The gripes seem to have played out again at the Victorian auction, with Iberdrola seen as the unofficial preferred candidate from the get-go.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Di Pilla’s bolt from the blue snatches biggest IPO of the year
Six months ago, no one saw this float coming. But at $1.65 billion, it is the largest raising for a new Australian company since 2018.
- Anthony Macdonald
David Di Pilla flags $4b data centre float
Di Pilla’s group, HMC Capital, now has $2.5 billion of digital infrastructure assets in its control. It plans to spin off the portfolio and list it on the ASX.
- Nick Lenaghan
David Di Pilla’s HMC buys into Lifestyle Communities
The company says it’s ‘early days’, and could increase its stake by a further 4.5 per cent in the developer and landlord of affordable housing for downsizers.
- Michael Bleby
October
David Di Pilla plots AirTrunk-sized data centre play
The dealmaking king has already lined up $4b of data centre assets, but has much bigger plans for alternative asset manager HMC Capital’s new investment push.
- Larry Schlesinger
- Opinion
- Chanticleer
Di Pilla puts unloved data centres back in the hottest game in town
Everyone involved is too polite to say it, but getting rid of Global Switch’s Chinese owners is what makes these Sydney data centres attractive.
- Anthony Macdonald
HMC Capital in $300m raise to buy Sydney data centres; taps four banks
Street Talk can reveal the firm, overnight, mandated Goldman Sachs, UBS, Macquarie Capital and JPMorgan for the raise.
- Sarah Thompson, Kanika Sood and Emma Rapaport
David Di Pilla swoops on $2b data centre group Global Switch Australia
The assets, two big developments in inner Sydney, will anchor a $1 billion real estate play that the veteran dealmaker intends to list later this year.
- Sarah Thompson, Kanika Sood and Emma Rapaport