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Qatar eyes international purchases
- Qatar: Sunday, November 16 - 2008 at 12:35
The Qatar Investment Authority (QIA), the country's $60bn sovereign wealth fund, plans to make more real estate acquisitions in 2009 as global prices decline and investors sell assets. Navid Chamdia, the authority's head of real estate said the fund was looking for prime properties in major cities at distressed prices. The Qatar Investment Authority has been investing in property in the past three years to diversify its holdings.
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StaffSunday, November 16 - 2008 at 12:35 UAE local time (GMT+4)
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