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FINANCIAL NEWS
Qatar’s QIA to invest in China real estate sector
04 Nov 2014
(MENAFN) Qatar Investment Authority, the sovereign wealth fund, is interested in investing in China’s property, infrastructure and healthcare sectors, Arabian Business reported.
The fund, which is estimated to have around USD170 billion in funds, also have plans to invest between USD15 billion and USD20 billion in Asia in the next five years.
Last Month, QIA signed an agreement allowing it to buy a USD616 million stake in Lifestyle International Holdings, which is the operator of the SOGO department stores in Hong Kong and mainland China, through its subsidiary Bellshill Investment Co.
The Authority, which is known to be one of the world’s most aggressive investors, already stakes in Harrods, Barclays, Credit Suisse, Tiffany & Co and Canary Wharf Group.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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