Qatar eyeing towers in Frankfurt, London - Politics & Economics - ArabianBusiness.com:
"Qatar’s ruling Al Thani family is reportedly in talks to buy a massive Frankfurt Airport office complex and one of London’s most famous office towers, the Gherkin, for a combined €1.55bn ($2.05bn).
The properties are owned by insolvent German company IVG Immobilien AG (IVG), which is seeking to sell off equity to pay down €3.2bn worth of debt accumulated during a massive expansion.
The Frankfurt office block, The Squaire, has a price tag of €850m, while the company’s trophy tower the Gherkin is worth €700m, according to Property Investor Europe magazine, which quoted German weekly business magazine WirtschaftsWoche."
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