QIA invests $91 million in commercial real estate

(New York)

Real Estate Daily Beat has reported that the Qatar Investment Authority (QIA) has acquired five commercial condo units at 809 First Avenue (AKA 809 United Nations Plaza) from the Institute of International Education for $91 million.  The five office spaces are located on the first four floors and the seventh floor.  Already serving as Qatar’s permanent mission to the United Nations, the acquisition adds an additional 68,547 square feet space where it already owned office condos spanning 17,518 square feet.

Read the original article on Real Estate Daily Beat: QIA buys office condos at 809 First Avenue