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 […]
