Stephen Ross’ Related Companies has landed a major investment from the Public Investment Fund, the sovereign wealth fund controlled by Saudi Arabia’s crown prince Mohammad Bin Salman Al Saud, according to a new report. Related closed on the deal with PIF in the first week of February, according to Vanity Fair, when the real estate market was still robust and the coronavirus pandemic hadn’t yet ravaged the global economy. The investment comes in the form
source https://therealdeal.com/2020/04/20/the-saudis-have-made-a-major-bet-on-related/
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