Bahrain-based TAIB Bank has announced a successful exit from an investment in a 112,000 square foot mixed-use commercial office property located in the City Hall district of downtown Manhattan, New York.
Anchor tenants included Washington Mutual Bank and the New York State Office of General Services. "This transaction is our second US real estate exit of the year," said TAIB vice-chairman and chief executive officer Iqbal Mamdani, according to the GDN.
