bloginfo(‘template_directory’) not displaying in correct place

Hey all,

I am retrieving and displaying some meta information from a page, but it is behaving a little strangely, just wondering if any body can help?

I am using this code –

$microsite_title = get_post_meta($msid, 'microsites_title', true);
	$microsite_id = get_post_meta($msid, 'microsites_pid', true);
	$microsite_logo = get_post_meta($msid, 'microsites_logo', true);
	if($microsite_logo != ''){
		$microsite_logo = bloginfo('template_directory') . '/assets/gfx/branding/' . $microsite_logo;
	}
	echo $microsite_title . '<br />';
	echo $microsite_id . '<br />';
	echo $microsite_logo;

And I’m expecting someghing like this –

Title 1
1234
https://www.siteurl.co.uk/wp-content/themes/themename/microsite_logo.png

But it is displaying like this –

https://www.siteurl.co.uk/wp-content/themes/themenameTitle 1
1234
/microsite_logo.png

This appears that bloginfo('template_directory') is displaying at the beginning for some reason, but I don’t know why.

Thanks.