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Qatar fund to invest in Asian property
- Qatar: Wednesday, May 07 - 2008 at 10:14
Qatar Investment Authority, a $60bn sovereign wealth fund, plans to invest in real-estate projects in Asian cities and said is considering buying distressed U.S. property assets, reported Bloomberg. The QIA has been investing in property in the past 2 1/2 years to diversity its holdings. The fund's head of real estate said 40% of its real estate investments will be in Asia.
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Jeff Florian, Senior ReporterWednesday, May 07 - 2008 at 10:14 UAE local time (GMT+4)
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