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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Compliance/Regulation/Legal

Qatari Diar wins approval for $4.8bln London project

Posted on 21 June 2011

Qatari Diar, the property investment arm of Qatar’s sovereign wealth fund, on Monday won approval for its £3bn ($4.8bn) redevelopment of the Chelsea Barracks site in London.
Revised outline plans for the 13-acre site were supported by councillors at Westminster Council with conditions. Consultations will now continue and an application giving detailed designs for the various buildings will be considered by councillors in the future……………………………………….Full Article: Source


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