Property Sector

Tribeca Associates has reached a deal to take control of 30 Broad St., a 47-story office building in lower Manhattan. The company is purchasing a leasehold of the 476,704-square-foot

Asia Pacific is expected to be home to US$8.5 billion (S$11.9 billion) in hotel investment this year, a slight 5 to 10 percent decline on last year, according to a report by JLL Hotels & Hospitality Group.