Property developer Delancey and Qatari Diar have snapped up London’s Olympic Village in a deal worth GBP 557 million ($903.5 million). The 27-hectare site will become a new neighbourhood for London after the 2012 games.
London Mayor Boris Johnson described the sale as a “great deal” for London that showed the confidence big private investors had in the future of east London……………………………………….Full Article: Source