26.02.2016 - Abu Dhabi SWF to build office tower in Paris – report
Unit of world’s second-largest sovereign wealth fund awards contract for 38-storey tower in La Defense. The Abu Dhabi Investment Authority (ADIA) is planning to build an office tower in Paris’ largest business district, according to Bloomberg. The newswire reported that a unit of the Abu Dhabi sovereign wealth fund had bought a plot from a fund managed by UBS to build a 38-storey tower in La Defense. Bloomberg quoted LaSalle Investment, which advised ADIA on the purchase, as saying that a unit from Bouygues Construction had been awarded a $220 million contract to build the tower...............................................Full Article: Source
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