HomeBusiness NewsHMC Capital upsizes value of data centre raise to $2.7b

HMC Capital upsizes value of data centre raise to $2.7b

November 21, 2024

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Alternative asset manager HMC Capital (ASX: HMC) has been inundated with institutional demand for a $2.746 billion capital raising to establish a new real estate investment trust aiming to capitalise on surging demand for data centres in Australia and the US.

The proposed ASX-listed Digital…

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