Qatari Diar – a major real estate investment firm – has announced its first international joint venture with VINCI Construction Grands Projects (VCGP). Qatari Diar, the name behind Lusail, Qatar’s largest domestic real estate project, will sign a memorandum of understanding with VCGP to establish a major contracting player with local, regional and international ambitions. Qatari Diar will hold a 51 per cent stake in the joint venture with VCGP retaining the remaining 49 per cent.
