Thursday 22 April 2010

State-owned Qatari fund set for more deals-analysts



Wealthy and seemingly unscathed by the global crisis, Qatari real estate firm Diar is expected to invest boldly and hunt for big stakes while other Gulf sovereign investors follow a more conservative approach.

Diar, the property arm of the Gulf state's sovereign wealth fund Qatar Investment Authority (QIA), recently embarked on an aggressive investment strategy, buying stakes in assets ranging from luxury hotels to global utility firms. [ID:nLDE63F08I]

Analysts and industry experts say the relative newcomer to the investment game will seek bigger stakes than other Gulf sovereign wealth funds, reaching beyond its core real estate remit to increasingly consider other international deals.

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