Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Tate Modern Nears Funding Goal with £10m from Ofer

July 3, 2013 by Marion Maneker

5630TateModernExtension_pic2

Eyal Ofer has donated £10m to the Tate Modern extension. Ofer’s father was once an influential collector and market participant. The Financial Times reports the donation brings the expansion’s fund raising goals close to completion:

The £215m development, part of which – The Tanks – opened last year, will increase the capacity of Tate Modern by 60 per cent when it is completed by 2016. The gift means the project is 15 per cent short of its total funding.

Eyal Ofer donates £10m to Tate Modern extension (Financial Times)

More from Art Market Monitor

  • Christie’s Prints & Multiples = $10.3mChristie’s Prints & Multiples = $10.3m
  • Have We Got the Relationship Between Museums and Collectors All Wrong?Have We Got the Relationship Between Museums and Collectors All Wrong?
  • Julian Schnabel's Big PicturesJulian Schnabel's Big Pictures
  • The Rijksmuseum Wants that €165m Rothschild RembrandtThe Rijksmuseum Wants that €165m Rothschild Rembrandt
  • Cecily Brown Hires an AgentCecily Brown Hires an Agent
  • Christie's Imp-Mod Eve =$155,995,500Christie's Imp-Mod Eve =$155,995,500

Filed Under: Museums

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Tony Podesta's Secret Art Buying
  • The Billion-Dollar NYC Apartment of Ben Heller
  • David Bowie Talks About Art (with Julian Schnabel)
  • About Us/ Contact
  • Mapping a Career in the Art World
  • Sotheby's Pulls in a $9m David Hockney for November
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor