MetLife Inc. (MET), the largest U.S. life insurer, added another Boston office tower to its real estate partnership with Norway’s sovereign-wealth fund, expanding their joint venture to about $2.4 billion.
MetLife and Norges Bank Investment Management acquired the One Beacon Street building for about $561 million, the New York-based company said today in a statement. The insurer will own 52.5 percent of the 34-story tower, with Norges Bank controlling the rest………………………………………..Full Article: Source