The Traderszone Network

Published in TZ Latest News 3 August, 2016 by The TZ Newswire Staff

Hong Kong pays $1.2B for stake in Salesforce Tower

An investment fund controlled by Hong Kong’s de-facto central bank bought a 49-percent stake in the Salesforce Tower New York from Ivanhoe Cambridge and Callahan Capital Partners for $1.15 billion, property records show. The buyer, Real Summit Investment, is a real estate investment subsidiary of the Hong Kong Monetary Authority’s Exchange Fund.

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