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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Qatar’s fund plans to start works at Chelsea Barracks

Posted on 19 September 2013

Qatar’s sovereign-wealth fund will begin clearing a luxury-homes site at Chelsea Barracks in November, more than five years after buying the London property. Qatari Diar Real Estate Investment Co.’s Project Blue (Guernsey) affiliate will demolish towers and a warehouse and drive piles into the ground on the edge of the site, according to a letter sent to local residents obtained by Bloomberg News.
The Chelsea Barracks Partnership, which liaises with local residents, said in the letter dated Sept. 9 that the work would start in early November………………………………………..Full Article: Source


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