QIA purchases stake in Empire State Building

Doha – Mubasher: Qatar Investment Authority (QIA) has acquired a 9.9% stake in Empire State Realty Trust (ESRT), Qatar News Agency (QNA) reported on Wednesday.

ESRT is a real estate investment trust fund, listed on the New York Stock Exchange (NYSE), which owns the Empire State Building, Manhattan, New York City.

Qatar's sovereign wealth fund earlier purchased a 24.9% stake in the operator of St Petersburg airport from Germany’s Fraport.

Mubasher Contribution Time: 24-Aug-2016 08:04 (GMT)
Mubasher Last Update Time: 24-Aug-2016 08:04 (GMT)