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For its first deal in the US, the company partnered with other equity providers to buy 100,000 square feet of office space in Manhattan's Gucci building.
Its acquisition of GE Capital's Energy Financial Services' Project Finance Debt Business is part of the REIT's push to be a “multi-cylinder finance company.”
“This program allows the property owner to achieve the same returns via the workforce housing mezz loan as they would through a standard rent increase.”