Citigroup, CBRE in race to advise on Pakistan’s Roosevelt Hotel sale
Pakistan has drawn bids from seven heavyweight consortia — including Citigroup, CBRE, Morgan Stanley and Cushman & Wakefield — to advise on the privatization of its storied Roosevelt Hotel in New York. The technical bids, opened this week by the Privatization Commission, put some of the world’s biggest names in finance and real estate into…