Wednesday 6 April 2011

Qatari Diar shortlisted for London Olympic Village bid - Real Estate - ArabianBusiness.com

Qatari Diar, the property arm of the Qatar’s sovereign wealth fund, is among three bidders shortlisted to own and manage the Olympic Village in London, it emerged Wednesday.

The state-owned firm, which submitted a joint bid with British property developer Delancey, was shortlisted from a group of by the Olympic Delivery Authority (ODA), the agency said.

The two rival bids were from Hutchison Whampoa Limited and the Wellcome Trust.

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