Veteran fund manager Tony Pitt has moved onto the board at Asia Pacific Data Centre as he consolidates his control over the $200 million property trust.
Mr Pitt's listed investment platform, 360 Capital, holds 67.3 per cent of the register of APDC, allowing Mr Pitt and 360 Capital chairman David van Aanholt to vote themselves onto the data centres's board at its annual shareholder meeting on Thursday.
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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