June 12, 2019 / 6:32 AM / 2 months ago

Abu Dhabi sovereign fund buys 25% stake in 330 Madison Avenue

ABU DHABI, June 12 (Reuters) - Abu Dhabi Investment Authority (ADIA) has bought a 25% stake in 330 Madison Avenue in New York from Vornado Realty Trust a spokesman of sovereign wealth fund ADIA said on Wednesday.

The stake was bought by a subsidiary of ADIA, the spokesman told Reuters, adding that ADIA owned 75% of the property for 30 years and has now acquired full ownership. (Reporting By Stanley Carvalho, editing by Editing by Saeed Azhar)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below