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QInvest sees 10% shaved off Euro property portfolio

Posted on 15 May 2009

From Arabianbusiness.com: QInvest, Qatar’s largest investment bank, had seen 10 percent shaved off the value of its European real estate portfolio following the slump in international property markets, the chief executive of the firm revealed.

The firm holds an 80 percent stake in the ‘Shard of Glass’ development, one of London’s most high-profile skyscraper projects, which last year was valued at $3.88bn, in addition to a commercial property portfolio in Paris…….Full Article: Source

 
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