Marquee Asset

(redirected from Trophy Asset)

Marquee Asset

A particularly valuable or important asset that a company owns. For example, a car manufacturer's three best producing factories may be considered its marquee assets. A marquee asset is also called a trophy asset. See also: Crown jewel.
References in periodicals archive ?
This offering is a great opportunity for an investor to take advantage of purchasing this asset at a significant discount and then re-tenanting and stabilizing a trophy asset in a coveted market.
The acquisition of the remaining ownership interest in this distinctive trophy asset offers Paramount an outstanding opportunity to execute on our embedded growth strategy," said Albert Behler, Chairman, Chief Executive Officer and President of Paramount.
Matt Jarvis, fund manager of the Legal & General UK Property Fund, said: "A well-positioned trophy asset, 1 Colmore Square offers secure income over the medium term coupled with good rental growth expectations due to the strong and diverse occupational market in Birmingham's city centre and the added value opportunities on offer, notably the refurbishment and letting of vacant space within the building.
Add to this the outstanding opportunities to further develop the already impressive profits, Lumley Castle represents an excellent trophy asset and business proposition.
The sale of this trophy asset marks another step forward in Starwood's pursuit of an asset-light strategy as we look to sell owned real estate at the right time to the right owners to create value for our shareholders," according to Simon Turner, president of Global Development for Starwood.
The usual answer is a billionaire seeking a trophy asset.
With the capital markets becoming increasingly more liquid, debt financing for a trophy asset such as this has become appealing to lenders seeking safe financing opportunities," Comfort said.
Regent Street will be seen as a trophy asset by investors.
500 8th Street is a trophy asset with modern, high-quality finishes in one of Washington, D.
presented investors with a rare opportunity to acquire a fully renovated trophy asset with condominium-level finishes in the West Village," said Von Der Ahe.
Add to this the outstanding opportunities to further develop the already impressive profits, and Lumley Castle represents an excellent trophy asset and business proposition.
These new overseas investors are more interested in longer term investment returns and wealth preservation rather than the assembly of a trophy asset portfolio.