HMC Capital, led by deal-making dynamo David Di Pilla, plans to launch a $4 billion data centre investment trust on the ASX next month, after securing crucial seed assets for the platform.
The proposed IPO would be the largest in years for the real estate investment trust sector and comes amid a massive upsurge of investor interest in data centres.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
