Welcome to our dedicated page for Digitalbridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on Digitalbridge Group stock.
DigitalBridge Group Inc (NYSE: DBRG) combines cutting-edge computer vision technology with strategic digital infrastructure investments, shaping tomorrow's connected ecosystems. This news hub provides investors and industry professionals with centralized access to official press releases, financial updates, and operational developments.
Track the company's progress in critical areas including data center expansions, fiber network deployments, and advancements in spatial computing technology. Our curated collection ensures timely access to earnings announcements, partnership agreements, and leadership updates directly from the source.
Stay informed about DigitalBridge's dual focus areas: digital infrastructure asset management through investments in cell towers and edge computing networks, alongside technological innovation in 3D environment modeling. Regular updates cover regulatory filings, portfolio performance metrics, and patent developments within the computer vision space.
Bookmark this page for streamlined monitoring of DBRG's strategic initiatives across both operational divisions. Verify investment theses with primary source materials and maintain awareness of market-moving developments in real-time digital visualization technologies and infrastructure financing.
Vantage Data Centers, backed by Digital Bridge Group, has successfully acquired PCCW Ltd.’s data center business, enhancing its platform with 100MW of capacity in Hong Kong and Kuala Lumpur. This acquisition marks a strategic move into the Asia-Pacific market, following Vantage’s earlier purchase of Agile Data Centers. With this expansion, Vantage now operates 23 campuses globally. The company has secured $1.5 billion in equity financing to support its growth in the APAC region where demand for digital infrastructure is rapidly increasing.
DigitalBridge Group (NYSE: DBRG) announced its participation in multiple upcoming investor and media conferences. Key events include:
November 30-December 3: Marc Ganzi will speak at the Wells Fargo TMT Summit on November 30 at 10:40 am ET.
December 6-8: Participation in the Raymond James Technology Conference with Ganzi speaking on December 6 at 2:10 pm ET.
December 14: Ganzi will also present at the Oppenheimer 5G Summit at 8:15 am ET. Webcasts available on the company website.
DigitalBridge Group announced an Early Exchange Agreement with certain noteholders to exchange approximately $106 million of its 5.75% Exchangeable Senior Notes due 2025 for shares of its Class A common stock. This is part of a total of $150 million exchanged from the original issuance. The adjusted exchange ratio accounts for interest savings, potentially issuing around 48.1 million shares. The exchange is expected to complete by November 24, 2021, while accrued interest payments of $2.2 million will also be paid in cash.
DigitalBridge Group (NYSE: DBRG) announced its participation in multiple upcoming investor and media conferences. Notable events include Nareit’s REITWorld from
DigitalBridge Group, Inc. (NYSE: DBRG) announced a $100 million investment from the International Finance Corporation (IFC) to enhance digital infrastructure assets in Brazil, Indonesia, and Malaysia. The investment includes $75 million already allocated to Scala Data Centers, EdgePoint Infrastructure, and Highline do Brasil, with an additional $25 million earmarked for future projects. This investment aims to improve digital connectivity and data center capacity, supporting economic growth in these emerging markets.
DigitalBridge Group (NYSE: DBRG) announced that Marc Ganzi, its President and CEO, has been appointed to the Nareit 2022 Advisory Board of Governors. Ganzi expressed his commitment to promoting the significant role of REITs in driving job creation, economic growth, and enhancing digital infrastructure. Nareit, representing REITs and real estate firms globally, welcomes Ganzi, who brings over 20 years of experience in the digital real estate sector. DigitalBridge manages a portfolio worth $38 billion, focusing on diverse digital infrastructure assets.
DigitalBridge Group reported strong third-quarter results for 2021, with total revenues reaching $252 million and a net income of $41 million or $0.08 per share. Core FFO was $2.0 million and AFFO amounted to $0.7 million. The company highlighted significant progress, having rotated $70 billion AUM in under three years, and achieved $8.1 billion in commitments for its second flagship fund, surpassing its target by 35%. DigitalBridge has nearly 100% of its AUM in digital assets, with revenue growth driven by an expanding digital portfolio and reduced corporate debt.
Vantage Data Centers has successfully raised
DigitalBridge Group (NYSE: DBRG) and Columbia Capital have agreed to acquire select assets from Superloop (Singapore) Pte. Ltd. and Superloop (Hong Kong) Limited for A$140 million. This marks DigitalBridge's first fiber investment in the Asia Pacific region and aims to address the growing demand for connectivity. The deal, expected to close in early 2022, showcases DigitalBridge's strategic partnership with Superloop and Columbia Capital, capitalizing on opportunities in the Singapore and Hong Kong markets.
DigitalBridge Group (NYSE: DBRG) announced the redemption of 2,560,000 shares of its 7.125% Series H Cumulative Redeemable Perpetual Preferred Stock, representing 22.3% of the total shares. This redemption will result in a reduction of over $140 million in preferred stock since July. The redeemed shares will be paid at $25.00 each, plus any accrued dividends, effective November 15, 2021. DigitalBridge, a global digital infrastructure REIT, manages a $35 billion portfolio and aims to lower its cost of capital while enhancing cash flows.
