Qatari investors own more property in London than British royal family
The report has been published by The Telegraph and compiled by research firm Datscha.
LONDON (Daily Dunya) – In a recent survey of property ownership in London, it has been revealed that Qatari investors own more property in the capital than the Mayor of London’s office and three times more than the Queen.
The report published by The Telegraph and compiled by research firm Datscha says that Canary Wharf Group Investment Holdings, which is co-owned by Qatar Holdings, part of the Qatar Investment Authority (QIA) and American investment group Brookfield, is the capital’s largest property owner, with almost 21.5m sq ft of space on its books.
The government of Qatar also owns 1.8m sq ft whereas British royal family owns just under 7.3m sq ft.
The report suggests that the QIA owns the site of the Chelsea Barracks, the Olympic Village and the Shard, along with Canary Wharf which contains some of the city’s largest buildings.
The City of London Corporation ranks at second spot with 17.4m sq ft holdings while Transport for London comes third acquiring 14.9m sq ft of property.
