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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar wealth fund snaps up prime Canary Wharf property

Posted on 30 January 2012

Qatar’s sovereign wealth fund Qatar Investment Authority (QIA), is in the final stages of acquiring Credit Suisse’s headquarters in London and may sign the deal in a few weeks, two sources familiar with the matter said.
“They’re working out the details now. It’s a matter of a few weeks,” one of the sources said, adding that the Qataris would pay 330 million pounds ($517 million) for the property, with a separate leaseback agreement to be put in place with Credit Suisse………………………………………..Full Article: Source


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