Property & Real Estate
Sovereign wealth
Uncategorized
Qatar Investment Authority to Make Strategic Investment in Brookfield Property Partners
Brookfield Property Partners L.P announced today that its subsidiary Brookfield Property L.P. has issued $1.8 billion of exchangeable preferred equity securities to Qatar Investment Authority. As a result of the issuance, QIA will own an approximate 9% interest in BPY on an as-exchanged basis. In a separate announcement released today,…
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Source: Qatar Investment Authority