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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Qatar’s sovereign wealth fund buys Credit Suisse’s London office building

Posted on 21 February 2012

Qatar Investment Authority, the country’s sovereign-wealth fund, bought Credit Suisse Group AG (CSGN)’s London headquarters and leased the building back to the Swiss lender.
The property at One Cabot Square in the Canary Wharf financial district has 546,114 square feet (50,736 square meters) of space, Qatar Holding LLC, the wealth fund’s foreign investment unit, said in a statement on its website. Zurich- based Credit Suisse agreed to lease the building until 2034, Qatar Holding said. It didn’t disclose the transaction value………………………………………..Full Article: Source


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