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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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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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