PropertyCommercialCommercial real estatePrint article‘Instant gratification’ investors drive 14pc fall in data centre floatLarry SchlesingerReporterDec 16, 2024 – 6.20pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginA sell-down by so-called instant gratification investors, disappointed by initial trading in the newly launched DigiCo Infrastructure REIT, sent shares crashing in the data centre landlord for the second day in a row on Monday.The oversubscribed and upsized $2 billion IPO – the biggest of 2024 – has only briefly traded above its offer price of $5 after hitting the ASX at noon on Friday. Loading...Larry Schlesinger was a reporter at The Australian Financial Review.SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreCommercial real estateHMC Capital LtdDavid Di PillaIPOLatest In CommercialFetching latest articlesMost Viewed In PropertyThe Australian Financial Review MagazineWhat lurks beneath the stand-off over Sydney’s $750m new fish marketPrimrose RiordanWhy these Australian wines are at risk of extinctionHow much to tip? And other restaurant conundrums to chew onBOSS Financial ReviewHow this CEO wrote a report while cooking noodlesHannah TattersallHow execs slay the horror ‘sandwich’ of work, kids and ageing parentsHow these brothers turned a side hustle into $100mLife & LeisureArchitects are turning to the past to design the buildings of the futureRobert BevanIs this going to revolutionise the Friday night takeaway?Level up with a gold-accented ceramic watch and boho Hermès wedgesRich ListMike Cannon-Brookes loses two executives from private office GrokPrimrose RiordanShuffle follows Stake into the gutterToorak Rich Listers caught up in mansion fire
