DigiCo Infrastructure REIT appoints new CEO and sets strategic growth path

The DigiCo Infrastructure REIT (ASX: DGT) share price drew attention today as the company announced Michael Juniper as its new CEO. Juniper’s appointment comes alongside a strategic management reshuffle and a continued focus on data centre expansion to meet rising demand for cloud and AI services.

What did DigiCo Infrastructure REIT report?

• Michael Juniper appointed Chief Executive Officer and Managing Director, Digital Infrastructure
• Chris Maher to transition to Managing Director, Group Head of Government & Strategic Programs for HMC Capital
• Ongoing development of next-generation data centre campuses in Australia and North America
• Portfolio of 13 data centres with 76MW installed and a 156MW development pipeline
• Strong focus on energy solutions to support future growth in cloud and AI services

What else do investors need to know?

DigiCo Infrastructure REIT highlighted the growing importance of government and regulatory engagement as policy on data, AI, and energy evolves. The transition of Chris Maher into a specialist government role is intended to strengthen DigiCo’s capabilities in navigating these changes.

Michael Juniper brings a notable track record, previously helping build AirTrunk into Asia-Pacific’s largest hyperscale platform. His appointment is expected to guide DigiCo through its next growth phase, particularly as demand for digital infrastructure and data capacity increases.

What did DigiCo Infrastructure REIT management say?

Michael Juniper, CEO and Managing Director, said:

I am honoured to assume the role of Chief Executive Officer of DGT. DGT is uniquely positioned as Australia’s sovereign digital infrastructure platform, with strong foundations and a high-quality global portfolio. Demand from cloud, AI and GPU-led workloads is accelerating, and DGT is building a future-ready organisation that is required to support these next-generation requirements.

What’s next for DigiCo Infrastructure REIT?

Under its new leadership, DigiCo plans to continue expanding its network of data centres across Australia and North America. The trust will further develop its capabilities in energy solutions, aiming to provide sustainable, long-term infrastructure for customers operating cloud and AI workloads.

The company is also prioritising close engagement with government and regulatory bodies to adapt to ongoing changes in the digital and energy sectors. This is expected to help DigiCo maintain momentum during its next phase of strategic growth.

DigiCo Infrastructure REIT share price snapshot

DigiCo Infrastructure REIT shares have declined 44% in the past 12 months, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen around 3% over the same period.

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The post DigiCo Infrastructure REIT appoints new CEO and sets strategic growth path appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.