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Qatari investment firm breaks into NYC market with $124M buy

Qatari real estate investment firm Alduwaliya Asset Management is the latest Middle Eastern investor

250 West 39th Street in the Garment District and Doha in Qatar (inset: Lincoln Property’s William Hickey) Qatari real estate investment firm Alduwaliya Asset Management is the latest Middle Eastern investor to jump into the New York City market. Alduwaliya just paid $123.5 million to buy a 17-story office building in the Garment District, sources told The Real Deal. (more…)

Source: The Real Deal