Thursday, August 23, 2012

Dubai group sells top NY hotel for $362m


Dubai Investment Group said it has reached a deal with Chicago-based REIT Strategic Hotels & Resorts to sell The Jumeirah Essex House, the iconic 81-year-old hotel overlooking Central Park in New York, for $362.3 million.

http://www.tradearabia.com/news/TTN_222017.html

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