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New York

How Qatar went from quiet investor to major NYC dealmaker

Why the massive Middle Eastern sovereign wealth fund has shifted gears

From left: Brookfield’s Manhattan West project, The Empire State Building, the crown jewel in the ESRT portfolio and London’s famed Harrods department store
From left: Brookfield’s Manhattan West project, The Empire State Building, the crown jewel in the ESRT portfolio and London’s famed Harrods department store

From the October issue: Speaking at a conference hosted by Euromoney Magazine in Qatar in 2014, Sheikh Abdullah bin Mohammed bin Saud Al Thani called for a moment of silence.

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“Silence at times may be golden,” he told the business executives at the event, which took place the month before he was named chief of Qatar’s notoriously secretive sovereign wealth fund. “But I assure you, ladies and gentlemen, that the noise we are making here in Qatar is already being heard around the world.” [more]

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Empire State Realty TrustManhattan West