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300 North Michigan
News

CitizenM Betting Chicago Travelers Want Affordability Rather Than Room Service

... low by eliminating concierges and room service. Singapore-based sovereign wealth fund GIC bought a 25% stake in citizenM earlier this ... shareholders KRC Capital and Dutch pension fund APG, has committed $844M to help fund its expansion. “Chicago has always ...

Nov 19, 2019
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The Growth Of Alternative Lending Has Finance Experts Wondering If There Is A Shoe Waiting To Drop
News

The Growth Of Alternative Lending Has Finance Experts Wondering If There Is A Shoe Waiting To Drop

... markets, and Silverstein Properties partnered with a sovereign wealth fund and a pension fund to offer construction loans. RXR and Silverstein ... many of the players breaking into debt have a wealth of experience. He thinks equity players and developers are ...

Sep 30, 2019
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Apple Highlights The Nuanced Ethics Of Companies That Could Pay Rent, But Want Cuts
News

Apple Highlights The Nuanced Ethics Of Companies That Could Pay Rent, But Want Cuts

... , according to Forbes, and 25% owned by Temasek, Singapore’s sovereign wealth fund, with $313B of assets.  Tesla, now the world’s most ...

Aug 12, 2020
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Not Done Yet: WeWork Raises $340M Of Fresh Equity To Continue Building Acquisition Drive
News

Not Done Yet: WeWork Raises $340M Of Fresh Equity To Continue Building Acquisition Drive

... between U.S. pension fund TIAA and Danish pension fund PFA Ejendomme, both advised ... This week CoStar reported the WeWork fund is in talks to buy another London ... The building is owned by Oman’s sovereign wealth fund and let to Sumitomo Mitsui Banking Corp., ...

Mar 12, 2019
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425 Park Ave, redeveloped by L&L Holding Co
News

iStar’s Safehold Drops $620M On 425 Park Ave. Ground Lease

... has a letter of intent with a sovereign wealth fund to from a joint venture for the ... conditional on the joint venture with the fund, whose identity Safehold did not disclose. ... the leasehold, The Real Deal reports. Hedge fund Citadel is planning to take more ...

Aug 06, 2019
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Simon and David Reuben
News

Real Estate Development Opportunities Lead Reuben Brothers To Bid For New York Mets, Newcastle United

... this year. They have teamed up with Saudi Arabia’s sovereign wealth fund to try to buy Premier League soccer team Newcastle United ...

Jun 24, 2020
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A Rare Beast: This Investor Wants To Plough £250M Into Struggling UK Retail Assets
News

A Rare Beast: This Investor Wants To Plough £250M Into Struggling UK Retail Assets

... with Italian-backed firm GWM, with debt provided by Singaporean sovereign wealth fund GIC. 

Jun 15, 2020
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This Week's N.Y. Deal Sheet
News

This Week's N.Y. Deal Sheet

... loan, JLL said in a release. *** Afiaa, the Swiss pension fund, paid $126M for 45 West 45th St., in a deal ...

Nov 05, 2019
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Carnaby Street, yeah baby!
News

Shaftesbury And CapCo Tie Up Would Create A West End Giant

... see both boards agree an all-share merger.  Norway’s sovereign wealth fund could play kingmaker in any potential tie up, React pointed ...

May 31, 2020
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GIC Buys Stake In $2.25B CitizenM Hotel Chain Ahead Of Big Expansion
News

GIC Buys Stake In $2.25B CitizenM Hotel Chain Ahead Of Big Expansion

Singaporean sovereign wealth fund GIC has bought a 25% stake in ... Rattan Chadha, and giant Dutch pension fund APG. The trio have committed €750M ($844M) ... in New York. It said the €750M would fund that development pipeline and more. It is planning ...

Mar 27, 2019
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