Abu Dhabi fund snaps up NY's Chrysler Building
AFP -
The cash-rich Abu Dhabi Investment Council has bought one of New York's best-known skyscrapers, the Chrysler Building, for a heady 800 million dollars... The remaining 25 percent stake in the skyscraper is owned by Tishman Speyer Properties, a privately held New York real estate firm. ... Investors from Dubai, Kuwait and Qatar bought the General Motors building, which is located on Fifth Avenue, last month for 2.8 billion dollars
Friday, July 11, 2008
UAE Investment Fund Claims 75% of Chrysler Building
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