Qatari Diar Infrastructure buys Masraf Al Rayan’s stake in Seef Lusail Real Estate

July 15, 2014 1:06 am


Qatari Diar Infrastructure Co has bought the equity stake of Masraf Al Rayan in Seef Lusail Real Estate Development Co, Gulf Times has reported. Seef Lusail Real Estate Development was owned equally by Masraf Al Rayan and Qatari Diar Infrastructure Co. According to the terms of the agreement, Masraf Al Rayan sold its 50% equity stake in Seef Lusail to Qatari Diar Infrastructure Co (49%) and Qatari Diar Real Estate Investment Co (1%).

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