Colony NorthStar has held a $1.4 billion first close of its global real estate digital infrastructure fund. The fund will invest in digital infrastructure, which includes data centers and cell towers.
The close was announced in the company’s earnings call.
As part of the closing, the firm will transfer its recently acquired interest in ATP, Andean Tower Partners, a South American centric cell tower company, to the fund.
In addition, Colony NorthStar launched a credit real estate platform, a credit REIT at a $5.1 billion assets scale with a corresponding $3.3 billion of equity book value.
In a recent announcement regarding financial results for the fourth quarter and the full year ended De
