Hedge Funds & Alternative Investments
Property & Real Estate
Uncategorized
Israeli firm to sell HSBC Tower in New York for $855mln
Israel's Property and Building Corp PTBL.TA said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan for $855 million to New York-based real estate firm Innovo Property Group, recording a net loss of $45 million. The Israeli company, which is 63% owned by Discount Investment Corp…
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