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Abu Dhabi fund pays Marriott $230m for Miami hotel
A company owned by the Abu Dhabi Investment Authority (ADIA) has purchased The Miami Beach Edition hotel from Marriott International for $230 million. The deal is the second of three agreed between Marriott and ADIA, with the UAE company having previously acquired The London Edition in January 2014. By the…
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Click here to read the full story: Arabian Business