Qatar’s Luxury Buy and Build Approach Part 2

Ahmad Al-Sayed,

Ahmad Al-Sayed, Chief Executive Officer,
Qatar Investment Authority

Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA) through Qatar Holding LLC, acquired Harrods in 2010 for around £1.5 billion from Egyptian businessman Mohamed Al-Fayed. Over the years, Qatar Holding has invested £250 million into the London-based luxury department store. £200 million is going toward rehabilitating their flagship Knightsbridge store among other assets. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]



Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute


 
institutional investor investment mandates