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.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
