| A Qatari sovereign wealth fund will likely become the new owner of the tallest building in Vietnam in a US$800 million deal. The Qatar Investment Authority has accepted the $800 million price set for the acquisition of the Keangnam Landmark 72 tower in Hanoi, according to English-language website The Korea Herald, which cited “investment bankers and news reports.”
The South Korean newspaper said the Qatar Investment Authority has also “gained exclusive rights for the ensuing negotiations.” The Doha-based company, which specializes in domestic and foreign investment, is one of the two interested investors, besides Goldman Sachs, that have publicized their plans to acquire the 72-story building...............................................Full Article: Source
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