Colony Capital Announces the Sale of DATA4 to AXA Investment Managers - Real Assets
July 10, 2018 at 8:40 AM EDT
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
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/
Source: Colony Capital, Inc.
Blicksilver PR for Colony Capital
Lisa Baker, +1 914-725-5949