Qatar's sovereign wealth fund will become the sole owner of a prime real estate area in Milan, which has a market value of more than €2 billion ($2.25 billion) and is home to the new high-rise headquarters of Italy's UniCredit.
Under the agreement, Qatar Holding will buy the 60 percent of Porta Nuova it does not already own for an undisclosed sum, Manfredi Catella, chief executive of Hines Italia, said.
http://www.arabianbusiness.com/qatar-s-swf-become-sole-owner-of-milan-s-porta-nuova-583949.html#.VS4ZCtyUeC0
Under the agreement, Qatar Holding will buy the 60 percent of Porta Nuova it does not already own for an undisclosed sum, Manfredi Catella, chief executive of Hines Italia, said.
http://www.arabianbusiness.com/qatar-s-swf-become-sole-owner-of-milan-s-porta-nuova-583949.html#.VS4ZCtyUeC0
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