| 12.06.2009 - Are Asian investors about to storm Manhattan real estate? AIG deal suggests yes! |
| From Observer.com: A Korean investment bank and local developer Young Woo are in contract to buy AIG's two skyscrapers downtown - this begs the question: Is Asian money the next wave to hit New York commercial real estate? "It is definitely a trend," said Yoron Cohen, executive vice president of Cushman & Wakefield's New York capital markets group. "We have quite a few Asian groups looking at stuff that we have for sale.".......Full Article: Source |