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  • Profile picture of Cara

    Cara posted an update 8 years, 9 months ago

    Another item to add to the witches brew of Middle East-US alliance players: a property deal and financing need by Kushner Properties which sought investment of USD 1/2 billion from Qatar’s Sheikh Hamad bin Jassim al-Thani. Said investment is conditional on other finance being secured and is now on hold as other investors seem to be wary.
    https://theintercept.com/2017/07/10/jared-kushner-tried-and-failed-to-get-a-half-billion-dollar-bailout-from-qatar/?comments=1#comments

    • Profile picture of DanaThomas
      DanaThomas replied 8 years, 9 months ago

      Up to recently airline magazines etc. were full of adverts about highrise property investment in various Gulf States. Now it is one thing for the oligarchical families to “park” their money in London, Paris or Miami property, often left untenanted. And quite another to buy “wonderful” apartments and office space in buildings that, as you pointed out previously, have the inconvenient habit of burning down every now an again. If the “safe” investments hint at a scam, these Gulf investments actually announce it.