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Delancey, Qatari Diar Buy Olympic Village

A joint venture between Delancey and Qatari Diar has purchased the athlete’s village on the Olympic park in London.

A joint venture between Delancey and Qatari Diar has purchased the athlete’s village on the Olympic park in London, Reuters reports. The financial details of the acquisition have not been disclosed.

The transaction includes 1, 400 homes and six other plots which the partnership will develop. Hutchison Whampoa had also bid for the village, while the Wellcome Trust had offered £1 billion for the complete Olympic park.

Click here for the story from Reuters.

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