Four Qatari banks have thrown their financial muscle behind the troubled Shard skyscraper development at London Bridge Station. Developer Sellar Property Group announced on Tuesday that Qatari Islamic Investment bank Qinvest is fronting the consortium. The other members are Barwa, Qatar National Bank and Qatari Islamic Bank. The four have each bought 20% of the issued share capital in the project.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
