Versorgungswerk der Rechtsanwälte im Lande Hessen

German Lawyers’ Pension Fund Records $67MM (€57.9MM) Write-Down on 750,000 SQFT Transamerica Pyramid as BVK Exits San Francisco Landmark at ~$700MM

Hessen retirement scheme absorbs full loss on preferred equity tranche after post-pandemic office downturn and a costly renovation erode value of San Francisco’s...