trending Market Intelligence /marketintelligence/en/news-insights/trending/uhtN6-DSOoC_RMQNXj27kQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

RFR Holding, Signa sign deal for Chrysler Building in NYC

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

RFR Holding, Signa sign deal for Chrysler Building in NYC

Austria-based investment company Signa and property developer RFR Holding LLC entered into a joint venture to purchase the iconic 77-story Chrysler Building in New York City, confirming recent reports.

The companies will acquire the property from the Abu Dhabi Investment Council and Tishman Speyer for an undisclosed sum, though the acquisition price has been reported to be approximately $150 million.

The Chrysler Building, which is the 13th-tallest building in the U.S., counts Creative Artists Agency, Clyde & Co, InterMedia Partners and the YES Network among its tenants.

Signa said in a release that the purchase marks the company's first real estate acquisition in the U.S.