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Kuwaiti fund buys luxury apartment building in Manhattan - Kuna |
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Thursday, 02 February 2012 00:18 |
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Kuwait: The investment arm of Kuwait's social-security system bought a luxury apartment building in Manhattan's Noho neighbourhood, as demand for multifamily properties surges, Reuters has reported, citing two people with knowledge of the deal. Wafra Investment Advisory Group Inc. last week completed the purchase of 2 Cooper Square, a 144-unit building that includes a rooftop pool, video-game centre and private movie- screening room, according to the source. [AMEInfo.com]
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