| Qatar’s sovereign wealth fund has been confirmed as the largest public spender on European property. Investments totalled over $4.33 billion in just eight deals in the last twelve months, which is equivocal to just six weeks' revenue from the LNG producing giant. Qatar was recently recognised as the wealthiest country in the world per capita.
Joseph Kelly, director of market analysis at Real Capital Analytics, said: "For sovereign wealth funds like the Qatar Investment Authority, property deals are about wealth preservation not returns. They have a lot of money to spend, so deals tend to be big and in the cities they know well.”..............................................Full Article: Source
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