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Photo courtesy of citizenM Hotel.
News

Marriott Buys CitizenM Hotel Brand For $355M

... as much as $4.3B, last year. In 2019, Singaporean sovereign wealth fund GIC bought a 25% stake in the chain, which valued ...

Apr 28, 2025
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FHFA Director Bill Pulte Reverses Biden Administration's Renters Bill of Rights
News

FHFA Director Bill Pulte Reverses Biden Administration's Renters Bill of Rights

... stock, and that money could help seed a U.S. sovereign wealth fund.

Mar 25, 2025
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Shelbourne Hotel, Dublin
News

Hotel Deals Lift Ireland's First-Half Investment Results

... 265 rooms.  Archer, a joint venture between Dutch pension fund APG and Singaporean sovereign wealth fund GIC, bought the hotel from U.S. private ...

Aug 05, 2024
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MIPIM
News

REPORT: Saudi Megaproject Neom Could Cost $8.8T After Delays, Overruns

... has since been overseen by executives from the country's sovereign wealth fund. An audit found that Neom employees have significantly adjusted projected ...

Mar 10, 2025
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Sam Altman, CEO of OpenAI, speaks at TechCrunch event in 2019.
News

OpenAI Securing $40B In New SoftBank Funding, Scouting 16 States For Stargate Projects

... joint venture between OpenAI, SoftBank, cloud provider Oracle and Emirati sovereign wealth fund MGX — a deal first announced at an Oval Office press ...

Feb 10, 2025
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The Chrysler Building in New York City
News

Real Estate Mogul, Former Chrysler Building Co-Owner Arrested Amid Fraud Investigation

... looking into Benko allegedly leaning on managers of a foreign sovereign wealth fund to invest in “Project Franz” in Munich via bonds and ...

Jan 23, 2025
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SoftBank founder Masayoshi Son announcing a planned $100B investment in U.S. technology at Mar-a-Lago with Commerce Secretary nominee Howard Lutnick and President-elect Donald Trump.
News

Data Centers Claim Prominent Place On Trump Administration's Agenda

... venture between cloud provider Oracle, artificial intelligence firm OpenAI, Emirati sovereign wealth fund MGX and Japanese investment firm Softbank that the president called ...

Jan 22, 2025
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With Student Housing Now A Playground For Institutional Capital, Smaller Investors Feel The Squeeze
News

With Student Housing Now A Playground For Institutional Capital, Smaller Investors Feel The Squeeze

Institutional capital sources such as pension and sovereign wealth funds have significantly increased their allocations to ... like every big developer has partnered up with a sovereign wealth fund or major financial sponsor,” Sumitomo Mitsui Banking Corp. ...

Sep 16, 2022
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Jared Kushner's Firm Wins Approval For $500M Hotel Project In Serbia
News

Jared Kushner's Firm Wins Approval For $500M Hotel Project In Serbia

... has come from foreign investors. Its biggest backer is the sovereign wealth fund of Saudi Arabia, which the Times reported has invested ... $2B in the fund. Other investors come from countries including the United Arab ...

May 17, 2024
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Global investment
News

Where Norges, Starwood And Other Real Estate Giants Say They Plan To Keep Spending

... is definitely a fan favorite for institutional, private and sovereign wealth money,” Burger said. On the same panel, RXR ... other real estate giants, including the world's largest sovereign wealth fund, highlighted Boston for some of those same reasons.  “We ...

Dec 09, 2024
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