Colony Capital, Inc. Updates its Participation in the Deutsche Bank 28th Annual Media, Internet & Telecom Conference
March 9, 2020 at 4:05 PM EDT
LOS ANGELES--(BUSINESS WIRE)--
Colony Capital, Inc. (NYSE:CLNY) and subsidiaries (collectively, “Colony Capital,” or the “Company”) today announced that the Company will no longer physically attend the Deutsche Bank 28th Annual Media, Internet & Telecom Conference at The Breakers® Hotel in Palm Beach, FL as Deutsche Bank has changed the format to a virtual conference. The change in format is a precautionary measure due to concerns over the coronavirus (COVID-19). As a result, the Company’s fireside chat previously scheduled for Tuesday, March 10, 2020 has been cancelled. Previously planned physical meetings between the Company’s management and investors at the conference will be conducted virtually.
About Colony Capital
Colony Capital, Inc. (NYSE:CLNY) is a global investment firm with a focus on building the leading digital real estate provider and funding source for the occupancy, infrastructure, equity and credit needs of the world’s mobile communications and data-driven companies. The Company has assets under management of approximately $49 billion composed of $36 billion of capital managed on behalf of third-party institutional and retail investors and $13 billion of investment interests on its own balance sheet. The Company’s owns and operates an investment management business with $14 billion in digital real estate investments and $22 billion in traditional commercial real estate debt and equity investments. With respect to investment interests on its balance sheet, the Company owns (a) a controlling 20% interest in DataBank, a leading provider of enterprise-class data center, cloud, and connectivity services (b) a 71% interest in 358 healthcare properties, (c) a 94% interest in 157 hospitality properties, (d) approximately 48 million shares of Colony Credit Real Estate, Inc. (NYSE:CLNC) and (e) interests in various other equity and debt investments including general partnership interests in funds management by the Company, commercial real estate equity and debt investments and other real estate-related securities. The Company is headquartered in Los Angeles with key offices in Boca Raton, New York, Paris and London, and has over 400 employees across 21 locations in 13 countries. For additional information regarding the Company and its management and business, please refer to www.clny.com.
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Source: Colony Capital, Inc.