trending Market Intelligence /marketintelligence/en/news-insights/trending/jC-0q_ZeVrW6OURArrlO1w2 content esgSubNav
In This List

GFH Financial in $150M deal to acquire 2 Chicago assets

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


GFH Financial in $150M deal to acquire 2 Chicago assets

GFH Financial Group BSC purchased two trophy properties in Chicago for approximately $150 million alongside partners Crestlight Capital and Lincoln Property Co., Bahrain News Agency reported.

The acquired properties consist of two mid-rise class A office buildings with two parking decks on a 25-acre plot, the Dec. 18 report added.

The deal is expected to generate an annual cash yield above 9%, according to a Reuters report from Dec. 19. GFH's investment in the transaction amounts to 93%.