28.12.2015 - Qatar Investment Authority to be stakeholder in $8.6 billion Manhattan West project
A joint venture was recently formed between Brookfield Property Partners LP and Qatar Investment Authority (QIA) for a Manhattan West development project in New York City. The estimated value of the completed project is $8.6 billion, with Brookfield selling a 44 percent interest in the development to QIA. "Brookfield has enjoyed a long-standing, successful relationship with QIA and we are thrilled that they share our vision for this transformative project," Brookfield Asset Management CEO Bruce Flatt said. "We are pleased to expand our relationship with Brookfield and invest in this world-class project," Qatar Investment Authority CEO Sheikh Abdulla Bin Mohammed Bin Saud Al-Thani said...............................................Full Article: Source
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