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Colony Capital Completes Sale of NorthStar Realty Europe to AXA Investment Managers – Real Assets

LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Colony Capital, Inc. (NYSE: CLNY) (“Colony Capital” or the “Company”) announced today it has completed the sale of NorthStar Realty Europe Corp. (NYSE: NRE), a REIT managed by the Company, to AXA Investment Managers – Real Assets (“AXA IM – Real Assets”). The definitive agreement for NRE to be acquired was announced on July 3, 2019 and approved by NRE’s stockholders on September 25, 2019.