USA > Germany based Allianz Real Estate buys 43% in 1515 Broadway, New York from SL Green Realty Corp

Allianz logo Allianz Real Estate, a subsidiary of Allianz Group, is set to invest approximately $416 million cash proceeds to SL Green for 1515 Broadway. According to the contract, SL Green Realty Corp will sell 43% interest for the 1515 Broadway building. The transaction values the property of 1.86 million-square-foot, Class-A Times Square office building at $1.950 billion or $1045 per square More …