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Mon 2 Mar 2015 12:48 PM

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Qatar acquires prime real estate in Milan

Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders. Qatar has owned 40 percent of the Porta Nuova business district, a 25-building development conservatively valued at more than EUR 2bn

Qatar acquires prime real estate in Milan
A picture taken from the Duomo of Milan shows new buildings in the business district of Porta Nuova on February 28, 2015. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)
Qatar acquires prime real estate in Milan
A picture taken from the Duomo of Milan shows new buildings in the business district of Porta Nuova with the Unicredit tower (2ndR) and the Bosco Verticale (R) on February 28, 2015. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)
Qatar acquires prime real estate in Milan
A picture shows new buildings in the business district of Porta Nuova on February 27, 2015 in Milan. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)
Qatar acquires prime real estate in Milan
A picture shows new buildings in the business district of Porta Nuova on February 27, 2015 in Milan. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)
Qatar acquires prime real estate in Milan
A picture shows new and old buildings in the business district of Porta Nuova on February 27, 2015 in Milan. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)
Qatar acquires prime real estate in Milan
People walk in the business district of Porta Nuova on February 27, 2015 in Milan. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)
Qatar acquires prime real estate in Milan
People walk in the business district of Porta Nuova on February 27, 2015 in Milan. Qatar's sovereign fund has acquired full control of a piece of prime real estate in Milan after buying out other shareholders, property group Hines Italia announced today. Qatar has owned 40 percent of the Porta Nuova business district since 2013. Hines and insurer Unipol were among the selling shareholders in a 25-building development conservatively valued at more than two billion euros. (AFP/Getty Images)