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DigitalBridge's wholly owned unit seals Landmark deal with ADIA for strategic expansion

The transaction, subject to regulatory approvals, is anticipated to conclude in the first half of 2024.

By James Nunns

Media & Commercial Director, The Tech Capital

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November 26, 2023 | 5:42 PM GMT

DigitalBridge's wholly owned unit seals Landmark deal with ADIA for strategic expansion

Steven Sonnenstein, Senior Managing Director at DigitalBridge and Chairman of the Board at Landmark. Source: DigitalBridge

The Tech Capital

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will acquire a 40% stake in DigitalBridge Group, Inc.-sponsored Landmark Dividend LLC (Landmark), a player in real estate and infrastructure development, specialising in wireless communication, digital infrastructure, outdoor advertising, and renewable power industries.

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James Nunns

Media & Commercial Director, The Tech Capital

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