“Skyscrapers Are The Ultimate Architecture Of Capitalism” – Carol Willis
Tower Property Fund Limited – Acquisition Of Industrial Portfolio
14th April 2015
Kingdom Tower _Worlds Tallest Building
16th April 2015
"Skyscrapers the ultimate architecture of capitalism"
Skyscrapers are being built at an astonishing rate. Ninety- seven buildings that exceed 200 meters (656 feet) in height were constructed in 2014 demolishing the previous record which stood at eighty-one buildings completed in 2011. The total number of skyscrapers in existence now is 935, an increase of 350 percent since the year 2000.
The tallest skyscraper completed in 2014 was One World Trade Center in New York City. Initially dubbed “Freedom Tower” it is the third tallest skyscraper in the world, and the tallest in the western hemisphere, but only if you include the antenna/spire in the building’s height. Brookfield Place, in which we hold an investment in the Select Opportunity Fund, is a neighbouring building to One World Trade Centre in New York City.
