Sunday, June 24, 2012

Qatar snaps up another prime Paris building

Qatar has spent US$367m buying a Paris building which houses a section of the US embassy and the offices of national newspaper Le Figaro, a day after a Qatari investor bought four French hotels, it was reported at the weekend.


It added that a source close to the sale said the buyer was Katara Hospitality, formerly known as Qatar National Hotels Company, which has previously said that Europe will play a key part in its expansion plans.


http://www.arabianbusiness.com/qatar-snaps-up-another-prime-paris-building-463180.html

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