A Qatari state company is in talks with Britain's Ministry of Defence to acquire Chelsea Barracks in London. Qatari Diar Real Estate and Investment is conducting the talks, Qatari foreign minister Sheikh Hamad bin Jassim told the Trade Arabia business information news website has reported, Sheikh Hamad is also the chairman of Qatari Diar. He did not disclose any financial details.
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.
