HKMA Acquires Stake in Salesforce Tower New York

Posted on 08/04/2016

Increasingly, more large asset owners are circling toward Manhattan office real estate. An investment entity controlled by the Hong Kong Monetary Authority (HKMA) acquired a 49% stake in a 41-storey Manhattan skyscraper. The investment entity is Real Summit Investment, which is part of HKMA’s Exchange Fund. The 49% stake was sold for US$ 1.15 billion […]

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