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DigiCo Infrastructure REIT Announces Board Changes to Support Strategic Transformation

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DigiCo Infrastructure REIT Announces Board Changes to Support Strategic Transformation

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Digico Infrastructure REIT ( (AU:DGT) ) has provided an announcement.

DigiCo Infrastructure REIT has announced changes to its board, with Michael Juniper appointed as a new director, effective immediately, and Chris Maher stepping down from his director role while continuing as CEO. These changes aim to maintain a balanced board and support DGT’s transformation into a leading data centre entity, with a focus on re-establishing majority independence over time.

The most recent analyst rating on (AU:DGT) stock is a Buy with a A$4.30 price target. To see the full list of analyst forecasts on Digico Infrastructure REIT stock, see the AU:DGT Stock Forecast page.

More about Digico Infrastructure REIT

DigiCo Infrastructure REIT (DGT) is a diversified owner, operator, and developer of data centres with a global portfolio. The company has a broad investment mandate across Stabilised, Value-add, and Development opportunities, managing 13 data centres in key Australian and North American markets with a planned IT capacity of 238MW, including 76MW of installed IT capacity and a 162MW development pipeline.

Average Trading Volume: 2,536,915

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$1.67B

For an in-depth examination of DGT stock, go to TipRanks’ Overview page.

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