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Allianz is partnering with Related on $2.2B Hudson Yards deal

Allianz Real Estate is placing another huge bet on Hudson Yards. The real estate arm of German investment firm Allianz Group has teamed up with Related Companies on the $2.2 billion deal to buy WarnerMedia’s office space at 30 Hudson Yards and lease it back to the media company, Commercial Observer reported, citing sources. Allianz is taking a roughly 45 percent stake in the office condominium, the report said. The deal with WarnerMedia is in […]

from The Real Deal New York http://bit.ly/2IXsM2C

#SkylineProperties #TheRealDealNewYork #Uncategorized

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