Brief: Vornado Realty Trust, Hudson Pacific, Blackstone, And New York City Economic Development Corporation To Create Public-Private Partnership

Hudson Pacific Properties

29/08/2023 14:06

Aug 29 (Reuters) - Hudson Pacific Properties Inc
 HPP.N :
    * VORNADO REALTY TRUST, HUDSON PACIFIC, BLACKSTONE, AND NEW
YORK
CITY ECONOMIC DEVELOPMENT CORPORATION TO CREATE PUBLIC-PRIVATE
PARTNERSHIP AND FIRST PURPOSE-BUILT STUDIO CAMPUS IN MANHATTAN
AT PIER 94
    * VORNADO: CO  TO OWN 49.9%; HUDSON PACIFIC WILL OWN 25.6%;
AND
BLACKSTONE'S INSTITUTIONAL CORE+ REAL ESTATE STRATEGY WILL OWN
24.5% OF VENTURE

Source text for Eikon:  ID:nBw18xCPpa 
Further company coverage:  HPP.N