Friday SWFI News Roundup, November 18, 2016
Anbang Insurance Group Bids for 777 Bay Street
China-based Anbang Insurance Group Co. is nearing a deal to acquire an office and retail tower at 777 Bay Street in downtown Toronto. The sellers of the 30-storey building are Montréal-based Canderel and OPTrust, each holding a 50% ownership interest in 777 Bay Street. The sales price is allegedly C$ 530 million.
New York City Employees’ Retirement System Names Karen Mazza as Interim ED
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