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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatari Diar, Barwa settle Murabaha bridge financing

Posted on 01 March 2011

From Gulf-times.com: Qatari Diar Real Estate Investment Company and Barwa Real Estate Company have announced the final settlement of the $1.5bn Murabaha bridge financing executed with Standard Chartered Bank and HSBC. “We are excited to meet the future needs of Qatar and reinforce Qatar’s position as a first-class global destination,” said Ghanim al-Saad, Qatari Diar managing director as well as Barwa chairman and managing director.
Wholly owned by the Qatar Investment Authority, Qatari Diar was established to support Qatar’s growing economy and to co-ordinate the country’s real estate development……………………………………….Full Article: Source


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