(MENAFN) Qatar's sovereign wealth fund has got the assent from the local government to establish about 900 homes and 8 office blocks at the Royal Dutch Shell's London headquarters, reported Arabian Business.
UK capital's Lambeth Borough Council gave Diar Real Estate Investment, the property arm of Qatar Holding, the approval to start the project.
The country is financially supporting 450 homes and offices at the city's Chelsea Barracks site as part of the project.
It's worth noting that the Gulf state has already invested big in London's property market during the last five years.
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