DigitalBridge Group, Inc. (DBRG) is a global digital infrastructure company that is structured as a real estate investment trust (REIT). The investment management company has a portfolio across the digital ecosystem, which includes towers, data centers, fiber, small cells, and edge infrastructure. It manages a total investment portfolio worth $45 billion as of 31st December 2021. DigitalBridge aims to maximize shareholders' value through strategically planned acquisitions to access opportunities within the digital ecosystem space.
Since the beginning of the year, shares of DigitalBridge have slid about 11%, underperforming its benchmark, the Vanguard Real Estate ETF (VNQ), which has dropped about 5.3% during the same period. However, over the past five days, DigitalBridge's share price advanced about 5% after it had announced its intentions to acquire AMP Capital's global infrastructure equity investment management business.
