Development Activities
Thor Equities is a global full service real estate development and investment company whose capabilities include acquisitions, financial management, development, property management, and leasing. Thor specializes in value-added investments in high street retail, shopping centers, malls, hotels and mixed-use urban projects. Today, Thor’s current portfolio of properties totals over 15,000,000 square feet (1,400,000 m2) and is valued at more than $5 billion.
Thor also created an investment platform to allow institutional investors to harness the growth trends seen in urban property markets worldwide. The Thor Urban Property Funds investors include investment banks, pension funds, top-tier college endowments, and foundations. The funds’ size is in excess of one billion dollars.
In recent years, Thor has expanded its holdings to include properties in Mexico City, London, and Cannes. In a 2012 cover story, The New York Commercial Observer dubbed Joseph Sitt the “International Man of Mystery” for his organization’s growing international focus, scope, and reach.
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