| Abu Dhabi’s investment in New York mostly runs through its sovereign wealth fund. Foreign investors spent $1.16 billion here last year. But early last month, Reuters reported that the Abu Dhabi fund may transfer billions from its sovereign wealth fund into the government treasury.
Norway’s $830 billion sovereign wealth fund accounts for virtually all the country’s investment in New York real estate. Last year, it spent $1.95 billion here, including $1.56 billion on a 44 percent stake of Trinity Real Estate’s Hudson Square portfolio...............................................Full Article: Source
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