Abu Dhabi to buy the Chrysler Building in New York

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Abu Dhabi to buy the Chrysler Building in New York

Post by Bambaboo on Thu Jul 10, 2008 11:38 pm

Abu Dhabi to buy the Chrysler Building in New York

Thursday, 10 July 2008

Buy the investment of the Government of Abu Dhabi 75 percent of the Chrysler Building, one of New York City landmarks months.

It is noteworthy that the last few months witnessed a growing interest from investors, who in the east distinct buildings in downtown Manhattan neighborhood of New York.

The Overseas Investment investment funds belonging to the Gulf governments have surplus cash from oil and gas revenues often.

The Dubai investment fund has paid $ 2.8 billion in June price for building, "General Motors."

In the month of November last second invested in Abu Dhabi Investment Authority "ADIA" amount of 7.5 billion dollars in the U.S. banking giant "City Group."

It is noteworthy that "ADIA" one of the richest investment funds in the world, manages investments worth 800 billion dollars.

Western concern

They expressed the Governments of France, Germany and the United States expressed concern that the investment funds referred to the exercise of political influence on companies and Western governments.[

He discussed the International Monetary Fund meeting in Singapore Wednesday that sources of concern and tried to challenge the principles of conduct in the voluntary sector investment.

Analysts say that oil-rich governments of Abu Dhabi and Kuwait, such as falling real estate prices used to invest cash surpluses there.

The Eastern investors, who spent $ 1.8 billion dollars on deals related to real estate dealers are in the United States as research institutions Real Capital Analytics.




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Re: Abu Dhabi to buy the Chrysler Building in New York

Post by 100milliondreams on Thu Jul 10, 2008 11:55 pm

That's right kiddies, sell your heritage and then bow to the oppressors.


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