19.09.2013 - Qatar’s fund plans to start works at Chelsea Barracks
Qatar’s sovereign-wealth fund will begin clearing a luxury-homes site at Chelsea Barracks in November, more than five years after buying the London property. Qatari Diar Real Estate Investment Co.’s Project Blue (Guernsey) affiliate will demolish towers and a warehouse and drive piles into the ground on the edge of the site, according to a letter sent to local residents obtained by Bloomberg News. The Chelsea Barracks Partnership, which liaises with local residents, said in the letter dated Sept. 9 that the work would start in early November...............................................Full Article: Source
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