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1MDB Watch
1MDB-linked Manhattan penthouse now on sale for US$5.9 mil less
SINGAPORE (Oct 9): A penthouse in Manhattan, New York, is now back on sale for US$5.9 million ($8.05 million) less than what its owners allegedly bought it for with funds related to Malaysia's 1Malaysia Development Berhad (1MDB) scandal.
October 09, 2017
Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for $148 mil
SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million ($148.4 million), a 224-unit freehold property located on 36th Street in Midtown Manhattan.
May 31, 2017