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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatar sovereign developer bulks up, set for panel rejig

Posted on 14 June 2011

Middle East sovereign property developer Qatari Diar has added two senior lawyers to its Doha-based legal team and is also preparing to launch a panel review.Qatari Diar is controlled by the Qatar Investment Authority, a sovereign wealth fund specialising in foreign and local investment.

It is working on a joint venture with German rail operator Deutsche Bahn to create a $25bn (£15.3bn) rail project in Qatar ahead of the 2022 World Cup. Qatari Diar recently made its first big investment in the US, with a deal to build a $700m development known as ’City Center DC’ in Washington DC……………………………………….Full Article: Source

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