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Sovereign Wealth Funds Briefing - Categorized | Investment

Abu Dhabi and Singapore wealth funds invest in trophy Manhattan property

Posted on 14 November 2013

Abu Dhabi and Singapore’s sovereign wealth funds will join developer Related Companies to acquire the Manhattan headquarters of media group Time Warner, the latest large property deal to be struck by foreign investors in New York.
Time Warner is selling its trophy 1.1m square foot offices at its namesake complex at Columbus Circle for $1.3bn as it seeks to move to a new skyscraper planned on the city’s far west side……………………………………….Full Article: Source


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