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Qataris buy 80% of London Bridge Quarter
- Qatar: Sunday, January 27 - 2008 at 10:25
A consortium of Qatari investors has acquired 80% of the building of the London Bridge Quarter, which includes the famous 'Shard of Glass' new London Bridge Tower. The four Qatari institutions - QInvest, Sellar Property Group, Qatar National Bank, Qatari Islamic Bank and Barwa - are to undertake the £2bn development designed by the award-winning international architect, Renzo Piano. The consortium members will be 20% equal shareholders in the newly formed London Bridge Quarter Holdings Ltd. Sellar Properties of London will retain the remaining 20% of the deal.
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Jeff Florian, Senior ReporterSunday, January 27 - 2008 at 10:25 UAE local time (GMT+4)
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