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The usual answer is a billionaire seeking a trophy asset.
But Pinewood is a rather rare beast: a trophy asset that actually makes money.
Financial analysts said the hotel should be viewed as more than a "trophy asset".
Any suspicion of selling a trophy asset on the cheap is not good politics.
And the Chrysler site might have been highly appealing to a sovereign wealth fund or other major real estate investor looking for a trophy asset.
The sale is likely to attract broad interest and the company could become a trophy asset for a media mogul seeking a bit of extra gloss and power.
Similar(44)
Rightly, he describes the FT as "a classic trophy asset" with "cachet".
Luckily, there is one group of multibillionaires who might still view The Times as a worthwhile trophy asset.
We believe Diageo would like to own Moet Hennessey, but we view this as unlikely as it remains very much a French trophy asset for LVMH.
He described the apartment, which Mr. Jeffries bought for $20 million in 2002, as "an irreplaceable trophy asset" because of its sheer size and its Central Park and open city views.
The transaction was orchestrated by Robert Wiesenthal, chief financial officer of the Sony Corporation of America, demonstrating that in this age of digital media uncertainty, the predictable fee stream of a homely business like music publishing has a higher value than an ego-driven trophy asset like music recording.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com