NewsBite

David Di Pilla says US a ‘huge’ opportunity for data centre REIT

Updated

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

HMC Capital’s David Di Pilla, the investment banker behind the ASX’s new data centre landlord, has set the $4 billion real estate investment trust’s sights on taking a larger slice of the US market, defying a soft start to trading on its sharemarket debut.

Seizing the US opportunity – home to the world’s biggest artificial intelligence customers – and delivering the hundreds of megawatts promised in its development pipeline will be keys to the success of the DigiCo Infrastructure REIT, Mr Di Pilla said on Friday.

Loading...
Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Commercial

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/commercial/david-di-pilla-says-us-a-huge-opportunity-for-data-centre-reit-20241211-p5kxnd