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Chanticleer

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‘Overvalued’: Early verdict on DigiCo float feels like a GyG rerun

David Di Pilla cleverly and quickly seized on the hottest story in markets to get his listing away. But a bigger debate is brewing on the data centre sector.

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In just under two weeks, HMC Capital’s chief executive and talisman, David Di Pilla, will end the year by doing what many in Australia’s capital markets would have considered impossible just a few months ago.

He’ll successfully get away a proper, chunky sharemarket float when data centre landlord DigiCo Infrastructure REIT hits the boards on December 12.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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