| Hong Kong's central banking institution, the Hong Kong Monetary Authority, has emerged as the mystery investor in the $2 billion landmark Barangaroo skyscraper being developed by Lend Lease. The developer sold down a quarter of its biggest Barangaroo office tower at Christmas to an unnamed Asian institutional investor for $350 million.
Lend Lease has been selling down its investment in the $9 billion precinct over the last several years. In mid-2015, it launched a wholesale open-ended fund to invest in the final office tower, known as Lend Lease One International Towers Sydney Trust, which is managed by the developer's investment management arm...............................................Full Article: Source
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