Qatar Sovereign Wealth Fund Invests in Empire State Building

Qatar Sovereign Wealth Fund Invests in Empire State Building






Qatar’s sovereign wealth fund has bought an almost 10% stake in the company that owns New York’s iconic Empire State Building, the official QNA news agency reported Wednesday. “Qatar Investment Authority (QIA) has acquired $622-M in shares in the Empire State Realty Trust,” the news agency said. The investment equates to a 9.9% stake in the […]






Dubai Buildings to be Given Star Ratings

Dubai Buildings to be Given Star Ratings






Dubai Buildings to be Given Star Ratings The new Star system being developed by the Emirate’s land department aims to simplify rental and service charge calculations Properties in Dubai will be subject to a new Star rating system under plans announced by the Emirate’s land department, a DLD statement confirming the move. It said Dubai’s buildings […]