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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Olympic village said to plan selling 20pct of properties to overseas buyers

Posted on 31 August 2011

The two companies that purchased 1,439 homes in London’s Olympic Park may sell as much as a fifth of the properties to overseas investors, according to two people with knowledge of the situation.
U.K. developer Delancey and a division of Qatar’s sovereign wealth fund intend to sell approximately 300 of the homes abroad, according to the people, who declined to be named because they’re not permitted to speak publicly. The remaining units will be rented out, they said……………………………………….Full Article: Source


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