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Abu Dhabi buys Chrysler Building
- United Arab Emirates: Thursday, July 10 - 2008 at 09:21
An Abu Dhabi sovereign wealth fund has bought the Chrysler Building, one of the most iconic high rise buildings in New York, reported Bloomberg. The skyscraper was acquired yesterday by the Abu Dhabi Investment Council for an undisclosed price. It marks the second purchase of a Manhattan landmark by Middle East investors in as many months. Last month a Dubai fund, Boston Properties, and Goldman Sachs Group paid $2.8bn for the General Motors Building in New York.
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Jeff Florian, Senior ReporterThursday, July 10 - 2008 at 09:21 UAE local time (GMT+4)
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