Thu, Oct 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Marriott’s Edition hotel in New York could be sold to Abu Dhabi fund

Posted on 16 August 2013

Marriott International Inc. is close to selling three hotels under development, including one in Manhattan, to an Abu Dhabi government fund. A potential deal with the Abu Dhabi Investment Authority isn’t yet final but sources told Dow Jones Newswires it could be worth more than $800 million.
The hotels in London, Miami Beach and New York are part of Marriott’s Edition brand of boutique-style hotels the company is developing with hotelier Ian Schrager, according to Dow Jones………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14863 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031