Colony Capital Invests in DataBank, Has Big Plans in Digital Infrastructure

The investment firm Colony Capital intends to be an active player in the data center sector in 2020 and beyond. In a sign of its interest in edge computing, Colony said this week that it will invest $185 million in colocation provider DataBank, purchasing equity positions from two existing investors. The deal is part of Colony Capital’s sharpened focus on digital infrastructure. Colony is a leading example of how the data center industry has become a magnet for large global investors. The firm is selling much of its industrial real estate holdings, and reinvesting that capital in digital infrastructure, including cell towers, data centers, fiber and small cell antennas.