On May 8, Qatar Investment Authority, with US$60B Qatar Sovereignty Investment Fund under management, said that the entity has made plans to invest in real-estate projects in Asian cities.

Days ago, Navid Chamdia, Director of the Real Estate Division under Qatar Investment Authority, said that the company is concentrating on prime cities in India, China, Singapore, Korea, Vietnam and Malaysia where there is strong economic growth. In addition, the US$60B Qatar Sovereignty Investment Fund is controlled by Qatari government; the CEO of the Fund was Qatari Prime Minister Al-Thani. Previously, the company acquired stakes in London Stock Exchange and Credit Suisse Group.
 
On the Wealth Fund Summit held in Abu Dhabi, Navid disclosed that the authority plans to invest 40% of the total capital to Asian projects.