22.06.2010 - GCC funds eyeing New York assets - lawyer
From Arabianbusiness.com: GCC sovereign wealth funds are seeking to invest heavily in the New York property market, a leading Manhattan-based real estate lawyer has told Arabian Business. “There’s definitely been a renewed interest from Middle Eastern governmental funds coming back into the market, reworking their positions, and pre-negotiating with lenders on major positions that they’re holding,” Rheem Bell & Mermelstein co-founder Edward Mermelstein said in an interview..............................................Full Article: Source
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