Hints and tips:
...Pollock also said $1tn will be need to be invested to “rewire all of the digital infrastructure around the world” with new data centres and fibre and tower communications networks....
...Music publishing valuations have declined 14 per cent from their peak in 2019, according to Shot Tower Capital, an investment bank that advises on music transactions....
...Blackstone has sold a £395mn waterfront office complex near the Tower of London to a Singaporean investor, who said turmoil in the UK had created a buying opportunity....
...(BBC) — What’s the value of 3mn LPs in a digital world?...
...On Wednesday, Ted Miller of Boots Capital Management sued Elliott and the board of Crown Castle, the cell phone tower operator, over a December settlement the company struck with Paul Singer’s firm....
...interest rates have risen from near zero to above 5 per cent, prices for songwriting catalogues have fallen by 14 per cent from their 2019 peak, according to David Dunn, partner at investment bank Shot Tower...
...Brookfield committed $15bn this year to fund Intel’s manufacturing of a $30bn semiconductor fabrication plant in Arizona and was part of a consortium that bought a majority stake in Deutsche Telekom’s cellular tower...
...A fourth tower, 50 Hudson Yards, is nearly 90 per cent leased....
...RXR defaulted on the $240 million loan on its 33-story office tower in lower Manhattan....
...A few corporate buyers have helped private equity LPs this year....
...Blackstone brass assured the market that its vast property portfolio had little remaining exposure to empty office towers....
...We once seriously considered buying one of those bull statues they park outside crypto conferences, for no other reason that it would be funny to have next to our desks at FT Towers....
...Happily for GPs, this also delays when client, or limited partner (LP), money enters the fund, artificially boosting returns....
...Bloomberg LP is wedded to the idea of one price, one product — the ultimate bundle....
...Known as Truffles Tribeca, the building comprises two towers linked by a skybridge near the Hudson River....
...said the head of one Sequoia LP, a sovereign wealth fund....
...Job moves Vantage Towers chief executive Vivek Badrinath plans to step down due to “personal reasons” by the end of this year....
...Saudi Arabia’s Public Investment Fund is helping to fund KKR and Global Infrastructure Partners’ agreement to buy a stake in Vodafone’s €15bn towers business....
...is investing $15bn for a 49 per cent stake in Intel’s expansion of its Arizona site, and brings experience in developing infrastructure assets such as transmission lines, data centres and wireless cell towers...
...Morgan Stanley, which has $1.4tn in assets under management and was ranked 15th-largest by Willis Towers Watson in its latest report, is the largest fund provider not to offer ETFs....
...Canada’s Brookfield Asset Management, which has invested heavily in assets including telecoms towers, datacentres and smaller operators, took a majority stake in Oaktree last year in a deal that created...
...One Vanderbilt, a 93-storey tower that opened in midtown Manhattan last year, has already surpassed 90 per cent occupancy, the Financial Times reported in October....
...It is also betting on a recovery in travel and on new urban office towers....
...In the second instance, American Tower, the owner of a network of mobile phone sites, said it would buy CoreSite Realty for $10bn....
...trades’ on Wall Street heats up (FT) Warren Buffett bought $1bn stake in Activision weeks before Microsoft deal (FT) Blackstone doubles down on warehouse bet with €21bn deal (FT) Intel to buy Israel’s Tower...
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