The Abu Dhabi sovereign wealth fund that offloaded the Chrysler Building this year at a huge loss has struck a deal to sell another Manhattan trophy property. Abu Dhabi Investment Authority is selling its 40-story office building at 330 Madison Avenue to the huge German reinsurance firm Munich RE, sources told The Real Deal. Munich RE has a contract to buy the 1960s-era high rise for somewhere between $850 million and $900 million, according to
source https://therealdeal.com/2019/11/19/german-insurance-giant-buying-330-madison-from-abu-dhabi-fund/
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