Industries
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* Qatar buys 9.1 percent of German builder Hochtief
* Deal to help infrastructure plans ahead of 2022 World Cup
* Set to rank as top global real estate investor in 2010
DOHA, Dec 6 (Reuters) - Qatar Holding, a subsidiary of the country's sovereign wealth fund, will acquire 9.1 percent of Hochtief (HOTG.DE), helping Germany's largest builder fend off an unwanted Spanish bid and boosting Qatar's infrastructure plans for the 2022 World Cup. [nLDE6B50SX]
Qatar Investment Authority (QIA) was one of the most active sovereign funds in 2009, with 14 publicly reported investments valued at over $32 billion. The fund was established in 2005 and is believed to have assets under management around $70 billion.
The Gulf country is expected to be the largest source of global real estate capital during 2010, real estate consultancy Jones Lang LaSalle said in a recent report. It is likely to rank as the number one global real estate investor in 2010, according to the firm. [ID:nLDE65C0F1]
Following are details of recent investments by Qatar:
December 2010 - Qatar Holding acquires 9.1 percent of Germany's largest builder Hochtief AG (HOTG.DE) to facilitate infrastructure development ahead of 2022 World Cup. It will pay 57.114 euros cash per share, just below the current share price.
August 2010 - QIA raises its stake from $2.8 billion to $6 billion in Agricultural Bank of China's (1288.HK) (601288.SS) initial public offering.
June 2010 - Barwa Real Estate BRES.QA, a unit of QIA, buys the Park House development on London's Oxford Street for 250 million pounds ($370 million). It is also said to be in talks to buy the Grosvenor House and Savoy hotels in London.
May 2010 - Qatar and Malaysia sign outline agreement on a $5 billion investment in Malaysian real estate and energy projects. May 2010 - Qatar Holding sets up a $1 billion Indonesian fund to invest in infrastructure and natural resources in southeast Asia's biggest economy.
May 2010 - Qatar Holding buys famed London department store Harrods in a deal reported to be worth around 1.5 billion pounds ($2.3 billion).
April 2010 - Qatar Diar, the property investment arm of QIA, closes a $275 million acquisition of the historic Raffles Hotel in Singapore.
December 2009 - QIA buys a 10.1 percent stake in Volkswagen AG for $4.65 billion.
November 2009 - The United States agrees to sell its landmark embassy in London's Grosvenor Square to Qatari Diar for an undisclosed amount.
November 2009 - Qatari Diar signs a $26 billion deal with Germany rail operator Deutsche Bahn to build a railroad network over 15 years. Under the deal, Qatar will hold a 51 percent stake in the venture valued at $13.26 billion.
October 2009 - Qatar Holding partners with China's CIC to buy 40 percent of Songbird Estates, owner of London's Canary Wharf financial district, for $885 million. QIA's investment is said to be $530 million. October 2009 - Qatar sells 379 million of its Barclays (BARC.L) shares, making $1 billion in profit after the lender's shares double in value.
September 2009 - Qatar buys 10 percent of Porsche Automobil Holding (PSHG_p.DE) for $9.98 billion. The same month it buys a 6.5 percent stake in France's Vinci (SGEF.PA) for $1.69 billion. (Reporting by Regan E. Doherty; Editing by Louise Heavens)
