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Istithmar eyes Peter Cooper
- United Arab Emirates: Saturday, September 02 - 2006 at 08:16
Dubai World subsidiary Istithmar has been linked to a huge apartment complex in Manhattan's East Side, reported Gulf News. The Stuyvesant Town/Peter Cooper Village has been priced at $5bn and Dubai based firms have been rumoured to be considering bids. Istithmar, which has made a number of Manhattan based acquisitions, would not be drawn on any possible interest in the site.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, September 02 - 2006 at 08:16 UAE local time (GMT+4)
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