Dubai-based real estate investment company, Istithmar World Real Estate, on Wednesday revealed the completion of sale of 230 Park Avenue, which was acquired by the company in November 2005 for $705 million, to a consortium including Goldman Sachs'(GS) Whitehall Fund and Monday Properties for $1.15 billion. Recently, Istithmar World Real Estate sold its 280 Park Avenue to Broadway Properties for $1.35 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.