Entries tagged "Chrysler Building"
Middle Eastern sovereign wealth fund, the Abu Dhabi Investment Council, has won a Manhattan trophy property with the acquisition of a 75% stake in the Chrysler Building Tuesday, according to Bloomberg. While terms of the purchase were not disclosed, the deal's value was rumored to be around $800 million....
Overseas profits from oil are coming back home, sort of. Sovereign wealth fund Abu Dhabi Investment Council is in the midst of acquiring a 75% stake in the Chrysler Building in New York City for around $800 million, according to the New York Post....