Qatari Government Buys More Rural Australian Property

HASSAD – the agricultural arm of the Qatari government – is in negotiations to buy five properties in western Victoria, in a deal reportedly worth $45 million.

The portfolio will bring the value of Australian assets purchased by the overseas group in the past twelve months to over $100 million.

Hassad is said to be considering purchasing another major property in NSW from one of the Victorian vendors.

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