Brief: Safehold Enters Into Joint Venture With Sovereign Wealth Fund

Safehold

05/04/2023 12:34

April 5 (Reuters) - Safehold Inc  SAFE.N :
    * SAFEHOLD ENTERS INTO JOINT VENTURE WITH SOVEREIGN WEALTH
FUND
    * SAFEHOLD INC - COMMITTED ABOUT $275 MILLION FOR 55%
INTEREST IN
JOINT VENTURE
    * SAFEHOLD INC - SOVEREIGN WEALTH FUND COMMITTED ABOUT $225
MILLION FOR 45% INTEREST IN JOINT VENTURE
    * SAFEHOLD INC: JV ARRANGEMENT WITH A SOVEREIGN WEALTH FUND
FOCUSED ON NEW ACQUISITIONS FOR CERTAIN GROUND LEASE INVESTMENTS

Source text for Eikon:  ID:nPn8Wr0jHa 
Further company coverage:  SAFE.N 

 ((reuters.briefs@thomsonreuters.com;))