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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Performance

Qatar reaps rewards from rise in London office rents

Posted on 24 September 2010

From Thenational.ae: Songbird Estates, which controls 70 per cent of the Canary Wharf business hub and in which Qatar Investment Authority (QIA) is the major shareholder, yesterday posted a return to profit of US$5.5 million (Dh20.2m) for the first half of the year, compared with a loss of Dh465m in the same period last year.
More importantly, the value of its Docklands property portfolio, where it counts some of the biggest names in international finance among its tenants, is rising……………………………………….Full Article: Source


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