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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Qatari Diar JV buys Olympic Village for $900mln

Posted on 15 August 2011

London’s Olympic Village has been sold for GBP557 million ($903.5 million) to a Delancey and Qatari Diar joint venture (JV) in a deal which sees the JV acquiring homes on the site in Stratford, east London, and its long-term management.

The deal would also include arrangements to provide a future profit-share for the public sector. Qatari Diar is the property arm of Qatar’s sovereign wealth fund……………………………………….Full Article: Source

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