Last week I wrote about a project in New York by DDG Partners called 100 Franklin. If you missed it, go here.
I didn’t, however, say much about the developer. Though at the time I was wondering why their website was no longer up.
DDG Partners is a firm that I have written about several times over the years. They are a firm that I have always admired because of 1) their commitment to design and 2) their vertically-integrated approach to development. They do things like design, construction, and asset management all in-house.
So I was interested to learn that back in May they announced a merger with French real estate firm, GS Invest. Prior to the union, GS had a portfolio of more than 3 million square feet across Europe. The new investment and development company is called Azur.
Also interesting is the fact that Azur has started making proptech investments. Their first investment is in a company called Whiterock AI.
For more about Azur, click here.