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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatar acquires Raffles hotels in Singapore, Paris

Posted on 10 January 2012

Qatar Nationals Hotels Company (QNH) said on Monday it has taken over the ownership of two iconic Raffles properties in Singapore and Paris. “Adding these iconic properties to our portfolio represents consistent steps of QNH’s strategic expansion at the international level,” said Hamad Abdulla Al Mulla, CEO of QNH.
Qatari Diar, Qatar Investment Authority’s property arm, in August announced it had won a bid to buy London’s Olympic Village in a £557m in a joint deal with the UK developer Delancey…………………………………….Full Article: Source


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