Qatar’s Luxury Buy and Build Approach Part 2
Posted on 02/14/2014
Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA) through Qatar Holding LLC, acquired Harrods in 2010 for around £1.5 billion from Egyptian businessman Mohamed Al-Fayed. Over the years, Qatar Holding has invested £250 million into the London-based luxury department store. £200 million is going toward rehabilitating their flagship Knightsbridge store among other assets. [private_standard]Harrods’ […]
