Olayan Group | The Real Deal New York

The Real Deal New York

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Olayan Group

505 Park Avenue
New York, NY 10022
(212) 750-4800
Website

Olayan America, the U.S. investment arm of Olayan Group, is a family-led investment firm founded by the late Suliman Olayan and chaired by his son Khaled. The firm acquired the 37-story, 853,000-square-foot Midtown office tower, at 550 Madison Avenue, in 2016.


02/12/19
...is the second time the development team – the Olayan Group and Chelsfield – and architecture firm, Snøhetta, have tried to transform the 1984 Postmodern office...

01/24/19
...building’s new owners, Saudi Arabian conglomerate the Olayan Group and U.K.-based developer and asset manager Chelsfield. Olayan — which had purchased the...

01/10/19
...building’s new owners, Saudi Arabian conglomerate the Olayan Group and U.K.-based developer and asset manager Chelsfield. Olayan — which had purchased the...

...building’s new owners, Saudi Arabian conglomerate the Olayan Group and U.K.-based developer and asset manager Chelsfield. Olayan — which had purchased the...

08/01/18
...ultimately sold the building to Saudi Arabia’s Olayan Group for $1.4 billion in 2016. The new owners wanted to give the tower’s lower floors...

06/12/18
...to requests for comment. RXR recently partnered with Olayan Group for a $300 million redevelopment of the Sony Building at 550 Madison Avenue  and teamed with...

04/12/18
...their condo conversion plans and sold it to Olayan Group and Chelsfield for $1.4 billion.) Eastdil Secured brokered the 2013 sale, and CBRE brokered Sony’s...

04/09/18
...and then sold the tower as-is to the Olayan Group for about $1.4 billion in 2016. Now it’s pulled off something similar in the Bronx...

04/05/18
...joined the local arm of Saudi Arabia’s Olayan Group on its $300 million repositioning of 550 Madison Avenue. RXR invested an undisclosed sum to become...

12/22/17
...s Yoron Cohen, who represented the Saudi firm Olayan Group in its $1.4 billion purchase of the Sony Building at 550 Madison Avenue in 2016. “It’s...

...s Yoron Cohen, who represented the Saudi firm Olayan Group in its $1.4 billion purchase of the Sony Building at 550 Madison Avenue in 2016. “It’s...

11/28/17
...the current owners, a division of Saudi Arabia-based Olayan Group, disclosed plans for a massive renovation that includes undulating glass curtain wall. The first...

10/08/17
...condos and selling the office for $1.4 billion to Olayan Group. – E.K. Hudson...

03/16/17
...This 2016 profile of the Olayan Group took a closer look at the Sony Building owner. The firm may list its...

03/16/17
...changed course and sold the tower to the Olayan Group in 2016. Bistricer argued that it's too early to judge Kushner and Anbang's $4 billion price...

02/24/17
...Bistricer sold the Sony Building to Saudi investor Olayan Group for $1.4 billion. The partners had been planning to convert the upper floors of the...

02/10/17
...to Olayan America, a division of Saudi conglomerate Olayan Group...

...was boosted by one big deal: representing the Olayan Group and Chelsfield on their $1.4 billion Sony Building acquisition in June. Aside from that, JLL...

...at JLL than at Cushman. (Aside from representing Olayan Group and Chelsfield on their $1.4 billion Sony Building acquisition, JLL’s biggest NYC deal in...

01/31/17
...penthouse at 220 Central Park South. Last year, the Olayan Group, a Saudi blue-chip investor with a stake in the Related Companies, bought the Sony...

01/23/17
...is the Sony Building at 550 Madison Avenue, which Olayan Group and Chelsfield acquired for $1.4 billion, or $1,647 per square foot, last year after Chetrit Group...

01/06/17
...sales deals of the year. JLL represented the Olayan Group and Chelsfield, the buyers of the $1.4 billion Sony Building last year. It also brokered...

12/30/16
...the Sony Building at 550 Madison Avenue to the Olayan Group for $1.4 billion...

12/29/16
...Clockwise from left: Olayan Group...

12/22/16
...of Manhattan trophy office towers, with Cohen representing Olayan Group in its $1.4 billion purchase of the Sony Building. Colliers has long struggled to compete...
  • Event Financing
  • Address 550 Madison Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 852,830
  • Price $ 570,000,000
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 Olayan Group
  • Party 2 ING Capital
notes
The company secured a $570 million acquisition loan.
  • Event Office Leasing
  • Address 505 Park Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 24,453
notes
Private investment co. renews lease on 10th and 11th floor
Manhattan, 10022
Chelsfield Group, OAC 550 OWNER LLC
The sponsor(s) filed plans on 12/08/14 for a condo project at 550 Madison...

02/24/17
...Bistricer sold the Sony Building to Saudi investor Olayan Group for $1.4 billion. The partners had been planning to convert the upper floors of the...

...was boosted by one big deal: representing the Olayan Group and Chelsfield on their $1.4 billion Sony Building acquisition in June. Aside from that, JLL...

12/29/16
...Clockwise from left: Olayan Group...
Manhattan, 10022
Chelsfield Group, OAC 550 OWNER LLC
The sponsor(s) filed plans on 12/08/14 for a condo project at 550 Madison...