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Di Pilla’s data centre REIT in $362m fee grab

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David Di Pilla’s plan to jump-start the IPO market with a $1.6 billion IPO for the DigiCo REIT has put a spring in stockbrokers’ steps and received a thumping welcome from retail investors. But the fee card is making a fair few eyes pop out in the institutional land.

HMC Capital’s David Di Pilla.  Oscar Colman

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/price-of-entry-to-di-pilla-s-4b-data-centre-reit-is-steep-20241113-p5kq8v