27.05.2010 - Canadian invasion: Investors keen on in Manhattan real estate
From WSJ: The Canadians are coming. This morning, we wrote about how the Related Cos., the major New York real-estate developer, landed a Canadian pension fund as their equity partner for the signature Hudson Yards redevelopment project. Oxford Properties Group, the real-estate arm of the Toronto-based Ontario Municipal Employees Retirement System, will commit up to $475 million for the project. That gives Related the green light to begin scouting for tenants to anchor the three corporate headquarters sites..............................................Full Article: Source
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