Abu Dhabi fund considers buying Chrysler Building

06/12/2008 | Financial Times (free content)

Manhattan's Chrysler Building could be sold to an Abu Dhabi sovereign wealth fund in a deal worth about $800 million. The Abu Dhabi Investment Council is in talks to acquire a 90% stake in the building from Tishman Speyer and Prudential Real Estate Investors. Foreign groups have shown recent interest in prime New York City office buildings.

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