Real Estate
Qatar’s $450 Billion Wealth Fund Won’t Abandon Canary Wharf
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The head of Qatar’s $450 billion sovereign wealth fund — a prolific buyer of European property — said he’s concerned about the commercial real estate market but will continue to support London’s Canary Wharf Group project as a long-term shareholder.
The sector contains “a little bit of risk” because of the “leverage and cost of funding,” Mansoor Al Mahmoud, Chief Executive Officer of the Qatar Investment Authority said in a Bloomberg Television interview at the World Economic Forum in Davos on Monday.