Colony Capital Announces the Sale of DATA4 to AXA Investment Managers - Real Assets
Jul. 10, 2018
LOS ANGELES--(BUSINESS WIRE)--Jul 10, 2018--Investment vehicles managed by Colony Capital, Inc. (NYSE: CLNY) today announced the sale of their entire stake in DATA4 to AXA Investment Managers - Real Assets, acting on behalf of AXA France.
DATA4 is a European specialist in dedicated and colocation data centers, that offers services to Cloud providers, digital service companies and large and medium-sized firms. DATA4 finances, designs, builds and operates its own data centers, in order to offer its customers hosting solutions that are flexible, scalable, high-performing and secured. The company currently operates 15 data centers in Paris, Milan and Luxembourg.
Founded in 2006 by Colony Capital, DATA4 was one of the first to offer a high-performance data center solution. It has experienced very strong growth driven by exponential demand of firms in digital data storage, live and via cloud services.
Nadra Moussalem, Head of European Investment Management, stated: "Colony Capital is very proud to have created and supported DATA4 in its development since 2006. I would like to thank the investors who trusted us and congratulate the teams who made Marcoussis the largest data hosting centre in Europe and have succeeded in replicating the company's success internationally. We wish DATA4 all the best for the future.”
About Colony Capital, Inc.
Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm with assets under management of $43 billion. The company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies. Colony Capital has significant holdings in: (a) the healthcare, industrial and hospitality property sectors; (b) Colony Credit Real Estate, Inc. (NYSE: CLNC) and NorthStar Realty Europe Corp. (NYSE: NRE), which are both externally managed by subsidiaries of Colony Capital; and (c) various other equity and debt investments. Colony Capital is headquartered in Los Angeles with over 400 employees in offices located across 19 cities in ten countries. For additional information regarding the Company and its management and business, please refer to www.clny.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005543/en/
CONTACT: Blicksilver PR for Colony Capital
Lisa Baker, +1 914-725-5949
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT PROFESSIONAL SERVICES REIT FINANCE CONSTRUCTION & PROPERTY
SOURCE: Colony Capital, Inc.
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PUB: 07/10/2018 08:39 AM/DISC: 07/10/2018 08:39 AM