Login

Qatar Wealth Fund Acquires Nearly 10% Stake in Empire State Building Owner

QIA's Minority Piece of World-Famous Tower is Latest Example of Foreign Capital Infusion Into NYC Commercial Property
CoStar News
August 24, 2016 | 11:55 AM

An affiliate of Qatar Investment Authority (QIA) has paid $622 million for a 9.9% interest in Empire State Realty Trust, Inc. (NYSE: ESRT), owner of the 102-story Empire State Building.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE