Qatari investment Fund Qatar Investment Authority acquired a 9.9 percent stake in Empire State Realty Trust, which owns the Empire state building in new York. The amount of the transaction amounted to 622 million dollars. It is reported by the U. S. News & World Report.
It is known that the ownership of one of the structures of the Qatari Fund also has 10 percent stake in the jewelry company Tiffany & Co. In addition, the media referred to the group 44 percent stake in the redevelopment project Manhattan West for 8.6 billion dollars in Manhattan, new York.
Empire State Realty Trust owns 14 offices and six commercial projects in new York, the report States.
The Empire state building is a 102 — story office building in Manhattan. From 1931 to 1970-the year the skyscraper was considered to be one of the tallest structures in the world. Then his place was taken by the world trade center in new York. The tower was featured in such iconic American films as “king Kong” and “Sleepless in Seattle”.
