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Sovereign Wealth Funds Briefing - Categorized | Market

Pacific Star to make Qatar base for Mideast operations

Posted on 09 October 2008

From Thepeninsulaqatar.com: Real estate investment house, the Singapore-based Pacific Star Group, has chosen Qatar as its base for its first foray into the Middle East.The company has ties to Qatar as it has worked closely with the Qatar Investment Authority (QIA) sovereign wealth fund.

There are also a number of Qatari investors in Pacific Star’s Asian Real Estate Income Fund (AREIF). Dr Knut Riesmeier, freshly-appointed president of the company’s Qatar operations told The Peninsula from Singapore yesterday: We are planning to do some rollouts in the Middle East region…… Full Article: Source


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