Here’s How Much Of London Is Actually Owned By Qatar

The Gulf emirate has bought three landmark London hotels – Claridge’s, The Connaught, and The Berkeley – for a reported £1.6 billion. Here’s a rundown of what it owns in the capital.

The Shard

The Shard

The Qatar Investment Authority (QIA), Qatar's sovereign wealth fund, owns 95% of Europe's tallest skyscraper.

Anthony Devlin / PA

Harrods

Harrods

Mohammed Al Fayed, the former owner of the London department store, sold up to the QIA in 2010 for a reported £1.5 billion.

ThinkStock

The Olympic Village

The Olympic Village

After the 2012 London Olympics, Qatari Diar, a branch of the QIA, took ownership of the Olympic Village for £557 million. Qatari Diar says it will build 2,800 homes on the site. This time last year, the Daily Mail reported that the British government had lost around £500 million in the sale of the site and that Qatari Diar could end up making a £1 billion profit.

Matt Alexander / PA

The former US Embassy building

The former US Embassy building

The 600-room Chancery Building on Grosvenor Square, in the heart of Mayfair, was acquired by Qatari Diar in 2009.

Samantha Pearce / PA


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