1 New York Plaza is primarily owned by a consortium of investment entities, including China Investment Corporation, Brookfield Office Properties, and AEW Capital Management.
Ownership Structure of 1 New York Plaza
The ownership of 1 New York Plaza is divided among three key entities, reflecting a significant investment in this prominent financial district building. The breakdown of ownership percentages is as follows:
Owner Entity | Ownership Percentage |
---|---|
China Investment Corporation | 49% |
Brookfield Office Properties | 35% |
AEW Capital Management | 15% |
It's important to note that while Brookfield Office Properties holds a significant ownership stake, they also serve as the landlord for the property, managing its operations and leasing activities. This dual role means they are both a partial owner and the primary operational manager of the building.
The diverse ownership structure, involving a sovereign wealth fund (China Investment Corporation), a major global real estate firm (Brookfield Office Properties), and an investment management company (AEW Capital Management), highlights the global and institutional interest in prime New York City real estate.