Qatar Investment Authority (QIA)

The potential deal would boost the value of the REIT's portfolio to GBP1.8 bil, according to sources.

SINGAPORE (Sept 27): Ascott, the lodging business wholly owned by CapitaLand, is investing $192 million in a freehold serviced residence in the central business district of North Sydney.

SINGAPORE (Sept 6): CapitaLand is acquiring the 192-unit serviced residence, Ascott Sudirman Jakarta, for $74.3 million.

SINGAPORE (Aug 4): The Ascott Limited is investing $170.3 million in the serviced residences component of the Funan integrated development through its fund with Qatar Investment Authority (QIA).

SINGAPORE (July 12): CapitaLand's wholly-owned serviced residence business unit, The Ascott, is acquiring a 221-unit serviced residence in Docklands, Melbourne, for A$71 million ($71 million) as part of its partnership with Australian-based apartment

SINGAPORE (June 6): Qatar’s sovereign wealth fund, Qatar Investment Authority (QIA), has agreed to purchase the Asia Square Tower 1 office building from global investment management firm BlackRock for a sum of $3.4 billion.