Qatar want buy Costa Smeralda

(ANSA) - Milan, April 2 - The financial arm of Qatar's royal family is poised to acquire the lion's share of luxury
 properties on Sardinia's famed Costa Smeralda, ANSA
sources said Monday. Final bidding was reportedly down
 to Qatar Holding, the Gulf country's $60-billion sovereign
wealth fund, and American real-estate magnate Thomas J. Barrack, both of whom already own shares in the complex.
 The jet-set properties include

four five-star hotels, the yacht marina and the Pevero Golf Club, ranked among the top 100 courses in the world. Majority shareholder Smeralda Holding is reportedly 200 million euros
 in dept. Qatar Holding made a splash in Europe last year when it acquired 70% of
 Paris Saint-Germain, a French football club. The properties were built in the 1960s by
 The Aga Khan, the spiritual leader of the Muslim Ismaeli sect and a hugely wealthy
 businessman with extensive interests in Italy and abroad.