Tuesday 27 March 2018

The Long View: Google, JPMorgan and the new age of super-rich corporate real estate buyers

They have more money than they know how to spend, safely stashed in offshore bank accounts. They are citizens of the world, moving from country to country chasing profit and lower taxes. And they like to buy trophy properties in Manhattan. You’ll be forgiven for thinking of Middle Eastern sheiks and Russian oligarchs, but I am talking about big U.S. corporations. Last week, The Real Deal reported that Google is paying $2.4 billion in cash […]



source https://therealdeal.com/2018/03/27/the-long-view-google-jpmorgan-and-the-new-age-of-super-rich-corporate-real-estate-buyers/

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