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Here's How Much Of London Is Actually Owned By Qatar

The Gulf emirate has bought three landmark London hotels – Claridge's, The Connaught, and The Berkeley – for a reported £1.6 billion. Here's a rundown of what it owns in the capital.

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3. The Olympic Village

Matt Alexander / PA

After the 2012 London Olympics, Qatari Diar, a branch of the QIA, took ownership of the Olympic Village for £557 million. Qatari Diar says it will build 2,800 homes on the site. This time last year, the Daily Mail reported that the British government had lost around £500 million in the sale of the site and that Qatari Diar could end up making a £1 billion profit.

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7. A £200 million home in Regent's Park

Blofeld Dr / Wikimedia Commons / Creative Commons Licence / Via commons.wikimedia.org

Three Regent's Park homes have been bought for a total of £120 million by Sheikha Mozah bint Nasser Al Missned, one of the wives of former emir Sheikh Hamad bin Khalifa Al Thani, which are being converted into one enormous property with an estimated value of over £200 million.

8. The Canary Wharf financial district

Stefan Rousseau / PA

The Canary Wharf complex, including the famous One Canada Square tower, formerly the tallest in Britain (seen here from behind the Swiss Re building, also known as the Gherkin), was acquired by the QIA in January of this year for £2.6 billion.

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The QIA also owns stakes in Barclay's and Sainsbury's, and quite a lot of other non-London-specific things.

Qatar is a sovereign country, and Hamad bin Jassim bin Jaber Al Thani is a former prime minister of Qatar. A previous version of this piece misstated that it was a part of the United Arab Emirates, and that Jaber Al Thani is the current prime minister.

Tom Chivers is a science writer for BuzzFeed and is based in London.

Contact Tom Chivers at tom.chivers@buzzfeed.com.

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