A group of Qatari investors have snapped up a stake in London luxury property developer Native Land, the latest in a string of deals in which the oil-rich Gulf state has extended its ownership of Britain's capital in recent years.
Native Land, which builds houses in some London's most exclusive neighborhoods such as Chelsea and Belgravia, said on Friday that a "substantial private Gulf-based investor" had taken a 45 percent shareholding in the company.
A source familiar with the deal told Reuters the group of investors were from Qatar and were linked to the royal family.
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