Jump to content

User:Toohool/List of largest real estate purchases

From Wikipedia, the free encyclopedia
Property Location Buyer(s) Price Year Ref.
Stuyvesant Town–Peter Cooper Village New York City Blackstone & Ivanhoé Cambridge $5.45 billion 2015
West Kowloon station land Hong Kong Sun Hung Kai $5.43 billion 2019
The Center Hong Kong China National Petroleum, et al. $5.15 billion 2017 [1]
Convention center site Shenzhen China Merchants Group & OCT Group $4.64 billion 2016
Vacant land in Xuhui Shanghai Hongkong Land $4.42 billion 2020
Bellagio Las Vegas Blackstone $4.25 billion 2019
The Venetian Resort Las Vegas Vici Properties $4 billion 2021
The Cosmopolitan of Las Vegas Las Vegas Blackstone & Cherng family & Stonepeak $4 billion 2021 [2]
CityCenter (Aria & Vdara) Las Vegas Blackstone $3.89 billion 2021 [3]
Land in Asian Games Village Guangzhou R&F Properties & Country Garden & Agile Property $3.73 billion 2009
Kai Tak Area 1F Site 1 Hong Kong Sun Hung Kai $3.2 billion 2018 [4]
Kai Tak Area 1F Site 2 Hong Kong Nan Fung Development $3.16 billion 2017 [5]
General Motors Building New York City Goldman Sachs & Boston Properties & Meraas $2.8 billion 2008
Eleven Madison New York City SL Green $2.6 billion 2015
Vacant land in Causeway Bay Hong Kong Hysan & Chinachem $2.55 billion 2021 [6]
MGM Grand Las Vegas Las Vegas Blackstone & MGM Growth Properties $2.4 billion 2020
Chelsea Market New York City Google $2.4 billion 2018 [7]
245 Park Avenue New York City HNA Group $2.21 billion 2017 [8]
HSBC Tower London Metrovacesa $2.2 billion 2007 [9]
1095 Avenue of the Americas New York City Ivanhoé Cambridge & Callahan Capital $2.2 billion 2015 [10]
Office condo at 30 Hudson Yards New York City Related Cos. & Allianz $2.2 billion 2019 [11]
Mandalay Bay Las Vegas Blackstone & MGM Growth Properties $2.1 billion 2020
St. John's Terminal New York City Google $2.1 billion 2021 [12]
Kai Tak Area 4A Site 2 Hong Kong China Overseas et al. $2.04 billion 2019 [13]
Axa Equitable Center New York City CalPERS $1.9 billion 2016 [14]
Rockefeller Center New York City Tishman Speyer & Lester Crown $1.85 billion 2000
666 Fifth Avenue New York City Kushner Properties $1.8 billion 2007
111 Eighth Avenue New York City Google $1.8 billion 2010
Crown Building New York City Wharton Properties & General Growth Properties $1.78 billion 2015 [15]
388 Greenwich Street New York City Citigroup $1.76 billion 2016
MetLife Building New York City Tishman Speyer & NYCERS & TRSNYC $1.72 billion 2005
Pacific Century Place Marunouchi office floors Tokyo GIC $1.7 billion 2014 [16]
20 Fenchurch Street London Lee Kum Kee $1.7 billion 2017 [17]
1285 Avenue of the Americas New York City RXR Realty $1.65 billion 2019 [18]
Kai Tak Area 4C Site 1 Hong Kong China Resources Land & Poly Property $1.65 billion 2019 [19]
Kai Tak Area 4A Site 1 Hong Kong Wheelock Properties & K. Wah & China Overseas $1.63 billion 2019 [20]
Kai Tak Area 4B Site 1 Hong Kong Henderson Land et al. $1.6 billion 2019 [21]
Vacant land on Victoria Peak Hong Kong Wharf Holdings $1.6 billion 2020
Jurong Point Singapore National Trades Union Congress $1.57 billion 2017
News Corp. Building New York City Beacon Capital Partners $1.52 billion 2006
5 Times Square New York City David Werner $1.5 billion 2014 [22]
1301 Avenue of the Americas New York City Paramount Group $1.45 billion 2008 [23]
Kai Tak Area 4C Site 3 Hong Kong Sun Hung Kai $1.43 billion 2019 [24]
550 Madison Avenue New York City Olayan Group & Chelsfield $1.4 billion 2016 [25]
Shiba Park Building Tokyo Kansai Electric & Tokyo Gas $1.36 billion 2018 [26]
Time Warner Center New York City Related Companies & ADIA & GIC $1.3 billion 2014 [27]
Willis Tower Chicago Blackstone $1.3 billion 2015 [28]
650 Madison Avenue New York City Stanley Chera & Highgate Holdings $1.3 billion 2013
Scotia Plaza Toronto Dundee REIT & H&R REIT $1.27 billion 2012 [29]
New Frontier Hotel and Casino Las Vegas Elad Group & IDB Holdings $1.24 billion 2007 [30]
Embarcadero Center San Francisco Boston Properties $1.23 billion 1999 [31]
AIG Otemachi Building Tokyo Nippon Life $1.2 billion 2009 [32]
Sony City Osaki Tokyo Nippon Building Fund, et al. $1.2 billion 2013 [33]
Metropolis Shopping and Entertainment Mall Moscow Morgan Stanley $1.2 billion 2013 [34]
Helmsley Building New York City RXR Realty $1.2 billion 2015 [35]
MGM National Harbor Washington, DC MGM Growth Properties $1.2 billion 2017
Live Casino & Hotel Maryland Baltimore Gaming and Leisure Properties $1.14 billion 2021 [36]
Kai Tak Area 4B Site 4 Hong Kong Goldin Group $1.14 billion 2018 [37]
Kai Tak Airport land Hong Kong HNA Group $1.13 billion 2016
Galeria St. Petersburg Morgan Stanley $1.1 billion 2012 [38]
The Shops at Crystals Las Vegas Invesco & Simon Property Group $1.1 billion 2016
Miracle Mile Shops Las Vegas CalPERS $1.1 billion 2016
Harrah's Las Vegas Las Vegas Vici Properties $1.1 billion 2017
Kwu Tung Area 25 Hong Kong Sun Hung Kai $1.1 billion 2021 [39]
The Exchange on 16th San Francisco KKR $1.08 billion 2021 [40]
Land at Guangzhou South railway station Guangzhou Sun Hung Kai $1.09 billion 2021 [41]
399 Park Avenue New York City Boston Properties $1.06 billion 2002
Kai Tak Area 4B Site 2 Hong Kong China Overseas $1.03 billion 2018 [42]
Hudson Commons New York City CommonWeatlh Partners $1.03 billion 2021 [43]
Mall of America Minneapolis Triple Five Group $1 billion 2006 [44]
Britannia Shoreline Technology Park Mountain View Google $1 billion 2018 [45]
Central Saint Giles London Google $1 billion 2022 [46]

Valuations based on less than a full purchase:

Property Location Sale Valuation Year Ref.
Ala Moana Center Honolulu 25% for $907 million $3.63 billion 2015 [47]
One Manhattan West New York City 49% sold $2.85 billion 2022 [48]
Fashion Show Mall Las Vegas 50% for $1.25 billion $2.5 billion 2016 [49]
1633 Broadway New York City 10% sold $2.4 billion 2020 [50]
Istinye Park Istanbul 42% for $1 billion $2.38 billion 2020 [51]
1221 Sixth Avenue New York City 45% for $1.03 billion $2.29 billion 2016 [52]
One Liberty Plaza New York City 49% for $760 million $1.55 billion 2017 [53]
King of Prussia Mall Philadelphia 84% for $1.04 billion $1.25 billion 2011 [54]
Colorado Center Santa Monica 50% for $503 million $1.06 billion 2016 [55]

Sales that also included an operating business:

Property Location Buyer(s) Price Year Ref.
Waldorf Astoria New York New York City Anbang $1.95 billion 2015 [56]
Cosmopolitan of Las Vegas Las Vegas Blackstone $1.73 billion 2014 [57]
Sands Casino Resort Bethlehem Bethlehem, Pennsylvania Poarch Band of Creek Indians $1.3 billion 2019 [58]
Grand Wailea Resort Maui Blackstone $1.1 billion 2018 [59]
Northfield Park Cleveland MGM Growth Properties $1.02 billion 2019 [60]

References[edit]

  1. ^ "China's state oil behemoth gets a marquee Hong Kong address after buying Li Ka-shing's building". South China Morning Post. November 2, 2017. Retrieved 2021-09-28.
  2. ^ "Blackstone to net $4B profit in sale of Vegas casino". The Real Deal. September 27, 2021. Retrieved 2021-09-28.
  3. ^ Eli Segall; Mike Shoro (July 1, 2012). "MGM selling 2 Strip properties in $4B leaseback deal". Las Vegas Review-Journal. Retrieved 2021-07-19.
  4. ^ [1]
  5. ^ [2]
  6. ^ Sandy Li; Pearl Liu (May 12, 2021). "Hysan, Chinachem's HK$19.8 billion bid wins first plot of land in Causeway Bay to be auctioned by Hong Kong government since 1997". South China Morning Post. Retrieved 2021-08-15.
  7. ^ "Google closes on $2.4 billion Chelsea Market purchase in NYC". Associated Press. March 20, 2018. Retrieved 2021-09-21.
  8. ^ Katherine Clarke (May 11, 2017). "HNA closes on $2.21B purchase of 245 Park". The Real Deal. Retrieved 2021-09-30.
  9. ^ "HSBC sells London headquarters for record $2.2 billion". The New York Times. May 1, 2007. Retrieved 2021-09-28.
  10. ^ "Ivanhoe Cambridge closes on $2.2B acquisition of 1095 Sixth". The Real Deal. January 16, 2015. Retrieved 2021-09-30.
  11. ^ "Allianz teams up with Related on $2.2B Hudson Yards deal". The Real Deal. June 17, 2019. Retrieved 2021-09-28.
  12. ^ Jordan Valinsky (September 21, 2021). "Google expands in New York with $2.1 billion office purchase". CNN Business. Retrieved 2021-09-21.
  13. ^ [3]
  14. ^ Dale Kasler (February 9, 2016). "CalPERS makes huge New York real estate deal". The Sacramento Bee. Retrieved 2021-09-28.
  15. ^ [4]
  16. ^ "Singapore's GIC puts $1.7bn into Tokyo commercial real estate". Financial Times. London. October 21, 2014. Retrieved 2024-03-16.
  17. ^ Robert McLean (July 27, 2017). "London's landmark 'Walkie Talkie' building sold for record $1.7 billion". CNN. Retrieved 2021-09-28.
  18. ^ Rayna Katz (May 24, 2016). "RXR closes on Midtown office purchase". GlobeSt.com. Retrieved 2021-09-28.
  19. ^ [5]
  20. ^ [6]
  21. ^ [7]
  22. ^ Jonathan LaMantia (June 19, 2014). "New York's 5 Times Square sale is biggest deal since 2010". Bloomberg. Retrieved 2021-09-30.
  23. ^ Natalie Dolce (August 13, 2008). "Paramount closes on $1.5B tower buy". GlobeSt.com. Retrieved 2021-09-30.
  24. ^ [8]
  25. ^ "Olayan closes on Sony Building buy, gets $570M bridge loan". The Real Deal. June 2, 2016. Retrieved 2021-09-30.
  26. ^ "Tokyo overtakes London as world's busiest real estate market". RETalk Asia. June 13, 2018. Retrieved 2022-11-15.
  27. ^ Charles V. Bagli (January 16, 2014). "Time Warner is planning a move to Hudson Yards". The New York Times. Retrieved 2021-09-30.
  28. ^ Danny Ecker (April 3, 2018). "Blackstone piles on more debt at Willis Tower". Crain's Chicago Business. Retrieved 2021-08-05.
  29. ^ "Dundee REIT acquires two-thirds interest in Scotia Plaza" (Press release). Dundee REIT. June 15, 2012. Retrieved 2021-09-30 – via GlobeNewswire.
  30. ^ [9]
  31. ^ "Boston Properties, Inc. completes acquisition of Embarcadero Center in San Francisco, California" (Press release). Boston Properties. February 11, 1999. Retrieved 2021-09-28.
  32. ^
  33. ^ Yannick LeJacq (February 28, 2013). "Sony sells Tokyo office building for $1.2 billion, seeking to cut costs and consolidate its core businesses". International Business Times. Retrieved 2023-04-20.
  34. ^ Kris Hudson (April 2, 2013). "Morgan Stanley fund plays Russian retail". Wall Street Journal. Retrieved 2022-03-27.
  35. ^ Katherine Clarke (May 5, 2015). "Manhattan's famed Helmsley Building sells for $1.2B". New York Daily News. Retrieved 2021-09-28.
  36. ^ Evan Jones (December 30, 2021). "Gaming and Leisure completes deal for Maryland casino". Reading Eagle. Retrieved 2021-12-30.
  37. ^ [10]
  38. ^ Ed Hammond; Courtney Weaver (January 17, 2012). "Morgan Stanley to buy Russian shopping mall". Financial Times. Retrieved 2022-03-27.
  39. ^ Nadia Lam (May 11, 2021). "Sun Hung Kai Properties' US$1.1 billion land acquisition in Kwu Tung buoys property owners in area close to Shenzhen". South China Morning Post. Retrieved 2021-08-15.
  40. ^ "KKR to buy the Exchange on 16th in San Francisco for $1.08B". The Registry. March 8, 2021. Retrieved 2021-09-28.
  41. ^ Pearl Liu (April 27, 2021). "Sun Hung Kai Properties splashes out US$2.2 billion in one day on land in Hong Kong, Guangzhou in bold bet on Greater Bay Area". South China Morning Post. Retrieved 2021-08-15.
  42. ^ [11]
  43. ^ "CommonWealth Partners closes on $1B Hudson Commons buy". The Real Deal. December 17, 2021. Retrieved 2022-11-15.
  44. ^ [12]
  45. ^ George Avalos (November 26, 2018). "Billion-dollar deal: Google pays $1 billion for huge Mountain View business park". San Jose Mercury News. Retrieved 2021-09-30.
  46. ^ "Google shows faith in office with $1 billion London deal". Reuters. January 14, 2022. Retrieved 2022-11-15.
  47. ^ [13]
  48. ^ Holden Walter-Warner (March 15, 2022). "Blackstone buys 49% stake in One Manhattan West at $2.9B valuation". The Real Deal. Retrieved 2023-01-11.
  49. ^ [14]
  50. ^ "Paramount completes sale of 10% interest in 1633 Broadway" (Press release). Paramount Group. May 28, 2020. Retrieved 2021-09-30 – via BusinessWire.
  51. ^ [15]
  52. ^ Mark Maurer (December 28, 2016). "Chinese sovereign fund, using Invesco as middleman, buys 1221 Sixth stake". The Real Deal. Retrieved 2021-09-30.
  53. ^ "Report says Fosun plans to sell its flagship Manhattan tower – but company denies this". The Real Deal. October 10, 2018. Retrieved 2023-01-11.
  54. ^ [16]
  55. ^ [17]
  56. ^ [18]
  57. ^ [19]
  58. ^ [20]
  59. ^ [21]
  60. ^ [22]
Retrieved from "https://en.wikipedia.org/w/index.php?title=User:Toohool/List_of_largest_real_estate_purchases&oldid=1213964384"