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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatar’s Al Faisal behind $313mln London hotel deal

Posted on 22 September 2011

Al Faisal Holding Company, one of Qatar’s largest conglomerates, said on Wednesday it was behind the purchase of a top London hotel.The deal marks the latest in a series of investments in British assets by Qatari buyers. The Gulf state’s wealth fund counts luxury London department store Harrods and stakes in Barclays, retailer J Sainsbury’s and the London Stock Exchange among its investments.
Qatari Diar, Qatar Investment Authority’s property arm, in August announced it had won a bid to buy London’s Olympic Village in a £557m in a joint deal with the UK developer Delancey……………………………………….Full Article: Source


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