The Related Companies and Oxford Properties Group recapitalized a portion of their first Hudson Yards office tower with a $400 million-plus investment from the Ohio state teachers’ pension fund. The State Teachers Retirement System of Ohio paid $431.9 million to purchase a roughly 20 percent stake in the Coach-anchored 10 Hudson Yards, property records filed with the city Friday show. A representative for STRS Ohio was not immediately available to comment, but a spokesperson for […]
source https://therealdeal.com/2018/05/18/ohio-teachers-pension-fund-makes-432m-investment-in-hudson-yards/
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