Qatari Diar Real Estate, the investment arm of Qatar's sovereign wealth fund, is on the shortlist of candidates for the purchase and long-term management of London's Olympic Village after the Olympic Games in 2012.
The bid, submitted jointly by Qatari Diar and Delancey, the investment advisory, is the latest in a series of moves by Qatar's state-owned investment funds to acquire trophy assets in the British capital.
David Higgins, the chief executive of the Olympic Delivery Authority (ODA), which is responsible for developing the site and infrastructure for the Games, said: "Securing a shortlist with many of the leading property investors and managers both in the UK and around the world takes us an important step towards ensuring the Village becomes one of the strongest legacies from the Games.
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