Home Consortium Ltd (AU:HMC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
HMC Capital Limited has announced the acquisition of iseek, an Australian data center platform, for $400 million, marking a significant step in its strategy to create a Global Digital Infrastructure Platform. This acquisition will seed the DigiCo Infrastructure REIT, aiming for a $4 billion asset under management, with plans to expand further in North America. The move is part of HMC’s broader goal to offer investors exposure to high-quality digital infrastructure assets across major growth markets.
For further insights into AU:HMC stock, check out TipRanks’ Stock Analysis page.