Colony Capital, Other Real Estate Investors Bet Big on Rising Demand for 5G, Digital Services

(This story was updated May 20 to identify Colony Capital's portfolio as including $49.9 billion in assets under management, including $20.6 billion in digital assets, in March 2020.) Colony Capital’s almost $1 billion agreement this week to acquire assets of Landmark Dividend is just the start of a planned $3 billion to $4 billion in digital acquisitions by the company across four newly created real estate investment platforms, as it sells off legacy properties including hotels and industrial sites.