Thursday 12 July 2018

12 July 2018 - Investment vehicles managed by US-based Colony Capital, Inc. (NYSE: CLNY) have sold their entire stake in European data centre operator DATA4 to AXA Investment Managers - Real Assets, acting on behalf of AXA France, the firm said.

DATA4 is a European specialist in dedicated and colocation data centres, that offers services to cloud providers, digital service companies and large and medium-sized firms.

The company finances, designs, builds and operates its own data centres, in order to offer its customers hosting solutions that are flexible, scalable, high-performing and secured.

DATA4 currently operates 15 data centres in Paris, Milan and Luxembourg.

Founded in 2006 by Colony Capital, DATA4 was one of the first to offer a high-performance data centre solution. It has experienced very strong growth driven by exponential demand of firms in digital data storage, live and via cloud services.

Colony Capital, Inc. (NYSE: CLNY) is a global investment management firm with assets under management of USD 43bn.