RCA in the commercial property press:


Middle East top foreign investor in US property


Thursday, August 07, 2008
Source: The National


The National reports: The Middle East has surpassed the rest of the world and become the largest investor in North American property this year. Contributing to this are deals such as the Abu Dhabi Investment Council’s 90 per cent purchase of Manhattan’s Chrysler Building for US$800 million (Dh2.9 billion) and Istithmar’s $750m purchase of the Fontainebleau Hilton on Miami Beach.

“The credit crunch has been very democratic in affecting most buyers worldwide,” said Dan Fasulo. “The lack of available debt has given cash-rich buyers an advantage in winning deals."


View the full article on The National: Middle East top foreign investor in US property


Articles related to this topic:

Bullet Point New York's Chrysler Building Bought by Abu Dhabi Fund
Bullet Point Abu Dhabi fund snaps up NY's Chrysler Building
Bullet Point Chrysler Building Acquired By Middle East Group
Bullet Point Abu Dhabi buys Chrysler tower for $800m
Bullet Point Overseas investors pile up more pieces of Americana
Bullet Point Abu Dhabi Buys 90% Stake in Chrysler Building
Bullet Point Chrysler Building has Arab Owner
Bullet Point Abu Dhabi buys into NY landmark
Bullet Point Chrysler Building Sale Typifies Larger Trends
Bullet Point Abu Dhabi buys into NY landmark
Posted by: Nina Turner

<< PrevNext >>
 
 

Most Active

 NameVol.(bil)#props
1 ProLogis$13.21,586
2 Centro Propert...$9.6610
3 Nationwide Hea...$7.6456
4 HK Lands Dept$6.924
5 LaSalle$5.479
6 Westfield Group$5.227
7 URA$5.032
8 Blackstone$4.583
9 Goldman Sachs$4.453
10 Farallon Capit...$4.334
Based on live data; deals valued at $10 mil. or greater reported in contract or closed in past 12 months
 
 
Contact

Real Capital Analytics, Inc.
+1 212-387-7103


Trouble Logging In?