Qatar Investment Authority

Disclosed transaction price, August 2023: QIA acquired the 605-key hotel at 36 Central Park South from the Witkoff Group / Mubadala joint venture for $623M per NYC property records (Bisnow independently reports $622.9M from the same city records). Whole-asset price, not a stake or fund-level figure.

Valuation set by Blackstone Real Estate's March 2022 purchase of a 49% stake from Brookfield and Qatar Investment Authority (who retain 51%); the transaction valued the 2.1M sqft, 67-storey tower at $2.85B (officially announced sale; $2.85B valuation widely reported by The Real Deal).

Disclosed single-asset disposition price. Marriott International's Form 10-Q for Q3 2019 states: "In the 2019 fourth quarter, we sold The St. Regis New York for $310 million. We will continue to operate the hotel under a long-term management agreement." Buyer identified as QIA by Hotel Business and the Bloomberg wire. Marriott holds no equity — operator only. 2019 price; no more recent valuation is disclosed.

Disclosed asset-level purchase price, 20 July 2017, from the Douglas Emmett investor-relations release: acquisition of "a 171,000 square foot Class 'A' office property for $177 million", held by a consolidated JV whose institutional investors include QIA, with Douglas Emmett providing 20% of the equity and managing the venture. Corroborated by Commercial Property Executive. QIA's own percentage is undisclosed. The $203.3M gross book cost in the FY2025 10-K includes later capex and was not used as value.

2016 sale ~S$3.4 billion, reported as US$2.45 billion (USD figure sourced). BlackRock sold to Qatar Investment Authority; described as the largest single-tower real estate transaction in Asia-Pacific at the time.

Disclosed whole-asset acquisition price, 21 July 2016, from the Douglas Emmett / QIA issuer press release: "The acquisition price was $225 million, or $616 per square foot" for the 365,000 sf Class A property, acquired by a consolidated joint venture with QIA. Ownership caveat: Douglas Emmett stopped naming QIA in SEC filings after 2019, so the QIA stake is last explicitly confirmed 2019; the FY2025 10-K still carries the building and discloses no sale. Book carrying cost ($238.5M) was deliberately not used as value.

2014 sale >£1.1 billion (native disclosed figure; exact price kept confidential, understood to exceed the £1.1bn asking); ≈US$1.7B is an approximate conversion at ~2014 rates. Qatar Investment Authority bought from Korea's National Pension Service, which had paid £772.5m in 2009. (HSBC is relocating its HQ by 2027, but QIA remains the owner.)

Disclosed 2013 acquisition by Constellation Hotels, in two legs: GBP 301.5m ($457m) for IHG's 57-year leasehold interest, stated verbatim in IHG's own disposal announcement, plus about GBP 100m for the freehold acquired from The Crown Estate — ~GBP 400m / $605m all-in as reported by Gulf News. 2013 price, not a current valuation.