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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Wealth funds return to UK property

Posted on 05 October 2009

From Business24-7.ae: The Qatar sovereign wealth fund increased its stake, through the investment vehicle Songbird, in the iconic Canary Wharf office towers in London’s Docklands last month, with China Investment Corporation also coming board in a move that marked the latter’s first major investment in UK property.
State-owned investment firm Qatari Diar, the property arm of the sovereign fund, recently appointed Qatar Islamic Bank as lead arranger for a QR3.5 billion (Dh3.5bn) syndicated Islamic facility, earmarked to finance European investments, particularly UK real estate assts……………..Full Article: Source


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