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Diar preparing to start work on London project
- Qatar: Sunday, April 28 - 2013 at 03:42
Qatari Diar, the property investment arm of the country's sovereign wealth fund, has said that preparations are underway to start working on the Chelsea Barracks project in London, Gulf Times has reported. The company is now waiting for the official approvals before going ahead with the project, said Qatari Diar acting CEO, Khalid el-Sayyed. The developer won approval for the 13-acre Chelsea Barracks site in 2011, but work on the project has not progressed since. It is Qatari Diar's largest residential development in Europe in terms of value.
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