QIA-Ascott JV Purchase Tokyo and Paris Properties
Posted on 11/12/2015
Sovereign wealth giant Qatar Investment Authority (QIA) and Singapore-based CapitaLand, a listed real estate company, formed a joint venture in July 2015. CapitaLand’s unit called The Ascott Limited’s and QIA purchased two prime properties in Paris and Tokyo for US$ 104 million. The joint venture will invest an additional US$ 33 million to convert the […]
