| Nearly two year after it bought an initial minority stake, sovereign wealth fund Qatar Investment Authority is taking full control of the giant €2bn-plus Porta Nuova development in the heart of Milan from a consortium of investors led by Hines Italia.
Hines Italia CEO Manfredi Catella gave no price details in a news conference Friday in Milan, but reports have put the value of the massive mixed-use development at over €2bn. QIA made the acquisition through its wholly-owned real estate unit Qatar Holding...............................................Full Article: Source
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