Posted: June 29th, 2017
Members of Operating Engineers Local 501 demonstrated on Tuesday, June 27, 2017 in front of the Consulate of Qatar at 150 South Rodeo Drive, Beverly Hills to promote area standards for wages, benefits and working conditions for Maintenance Engineers in Southern California.
The Qatar Investment Authority (QIA) is the sovereign wealth fund of Qatar, with $335 billion in assets under management. QIA is currently financing over $2 billion in Los Angeles County property acquisitions by Douglas Emmett, Inc. (NYSE: DEI). Douglas Emmett is one of L.A. County’s largest commercial property owners — including 150 South Rodeo.
Members of Local 501 are calling on Douglas Emmett and the QIA to respect the Maintenance Engineers that keep their buildings running and support Area Standards at their buildings.