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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

QIA set to take over Canary Wharf owner

Posted on 21 June 2010

From Thepeninsulaqatar.com: Qatar’s sovereign wealth fund is set to take over Songbird, the listed owner of Canary Wharf, as the country steps up its London spending spree.
The Qatar Investment Authority, which already owns Harrods and stakes in Barclays and the London Stock Exchange, plans to spend more than £700m to mop up the 76 percent of Songbird that it does not already own, it is learnt……………………………………….Full Article: Source

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