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DigiCo Infrastructure REIT's shares dropped 9% on their debut in Sydney, valuing the company at A$2 billion amid concerns about high valuations compared to Australian peers. Despite rising demand for data centers, analysts consider the shares overpriced, leading to a closing price of A$4.55, below the initial offer of A$5. The IPO is notable for boosting Australia's overall IPO proceeds for the year, although poor initial performances often indicate future liquidity issues.
Source: YAHOO