16.01.2014 - Abu Dhabi wealth fund in ‘advanced talks’ to buy stake in iconic New York building
Abu Dhabi Investment Authority (Adia) is in advanced negotiations to invest in New York’s renowned Time Warner Center alongside the Singapore sovereign wealth fund GIC. Adia, also a sovereign wealth fund, is in final negotiations, according to a source familiar with the deal. The complex transaction will see the media giant Time Warner, the part owner and main tenant, eventually move staff out of the 2.8 million square feet office, retail and apartment complex at Columbus Circle...............................................Full Article: Source
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