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Abu Dhabi Fund Is Said To Buy Vornado Stake In 330 Madison Ave.

by bloomberg.com posted 2weeks ago 35 views
Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, plans to buy out Vornado Realty Trust’s 25% stake in the midtown Manhattan office tower at 330 Madison Ave., according to a person familiar with the matter. The deal would give the Abu Dhabi fund, already the building’s majority holder, full ownership.