RXR Takes 49% Stake in News Corp. Headquarters

  • 1/9/2025

|

Connect CRE
• Subcategory:
• Tag:
• Additional Filters-Subcategory:
• Additional Filters-Tags: ,

RXR has acquired a 49% interest in 1211 Ave. of the Americas, which serves as the headquarters of Rupert Murdoch’s News Corporation. The stake, which values the Midtown Manhattan office property at $1.2 billion, was acquired from Ivanhoé Cambridge, the global real estate group of CDPQ.

RXR Realty
William Elder | Managing Director, New York City Divison
RXR Realty
Frank Patafio | ESVP, Senior Managing Director, US Investments
Ivanhoé Cambridge
Ezio Sicurella, CPA, CFA | Head of the United States and Latin America

Additional Filters

Subcategory
Tags