Norges Bank Investment Management, investing funds from its oil and gas resources on behalf of Norway, has agreed to acquire a 95% stake in Americas Tower at 1177 Avenue of the Americas in New York through a new joint venture with Beacon Capital Partners.
Norges Bank to acquire New York tower for discount to 2021 valuation
Norwegian fund agrees to take 95% stake in 1177 Avenue of the Americas
CoStar News
September 2, 2025 | 7:34 P.M.
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IN THIS ARTICLE
- Properties
- Americas Tower
1177 Avenue Of The Americas, New York, NY
- Companies
- Norges Bank Investment Management
Finance and Insurance
- Silverstein Properties
Construction
- CalSTRS
Finance and Insurance