NEW YORK (Reuters) – Brookfield Property Partners is in talks to acquire a stake in a Fifth Avenue office tower majority owned by a company that was previously run by Jared Kushner, son-in-law of President Donald Trump, a source familiar with a potential deal said on Thursday.
Brookfield (BPY.O), one of the world’s largest real estate companies, would oversee the redevelopment of 666 Fifth Avenue, which is controlled by Kushner Companies, the source said.
Contrary to a published report, the Qatar Investment Authority is not an investor in the transaction, the source said.
Reporting by Herbert Lash; Editing by Phil Berlowitz
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