Property & Real Estate
Sovereign wealth
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Qatar to buy New York's Plaza Hotel for $812m
The tiny but ultrarich Gulf state of Qatar has agreed to buy one of New York's most iconic buildings, the Plaza Hotel, for about $US600 million ($812 million), adding a development that was once owned by President Donald Trump to its luxury property portfolio. Qatar's state-owned Katara Holding is buying…
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Click here to read the full story: Australian Financial Review