Istithmar World Real Estate Sells 230 Park Avenue Property For $1.15 Bln - Quick Facts

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.

by RTTNews Staff Writer

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