Douglas Emmett Tenants
A forum for those who live and work at Douglas Emmett facilities to discuss issues and stay informed
A project of the Operating Engineers, Local 501


QIA Investment with Hong Kong Lau Family (Part 2)

Posted: September 11th, 2017

The Qatar Investment Authority’s reach extends across the globe, from Los Angeles to New York, London to Moscow, and Singapore to Hong Kong. Qatar’s sovereign wealth fund, controlled by the country’s ruling Al-Thani family, purchased a 20% stake in the Hong Kong premium retail operator Lifestyle International Holdings Ltd. for U.S. $600 million in October 2014…


Tagged: More On Qatar - About the QIA, More on Qatar - China Investments

Building Profiles Now Available for 44 Douglas Emmett Buildings

Posted: September 6th, 2017

DE-Tenants.org is unrolling 44 Douglas Emmett building profiles that readers can access through an interactive map. The individual profiles feature building-specific data on leases, litigation, building permits, ownership, financing, environmental reports, and the identity of property management, among other publicly-available information. Click the markers on the interactive map or on the table below for building details…


Tagged: Tenant Issues - Building Records

Engineers at 9 Douglas Emmett Buildings Vote to Form Union, in Face of Company Union-Busting Tactics

Posted: August 29th, 2017

Maintenance Engineers at nine Douglas Emmett commercial office buildings in Woodland Hills, California, involving a unit of 20 workers, voted affirmatively to form a union with the Operating Engineers, Local 501, on August 26, 2017. The Douglas Emmett Engineers at Woodland Hills won a voice in the workplace and the legally protected right to collectively bargain over the terms and conditions of their employment…


Tagged: Tenant Issues - Health, Safety & Maintenance

Banca Intesa Sanpaolo Fined $235M Even As It Helps QIA Buy Rosneft Shares

Posted: August 22nd, 2017

Previously, we detailed how the QIA purchased part of a 19.5% ownership interest in a Russian state-owned oil company called Rosneft for $11 billion in December 2016. That 19.5% stake was purchased with a EUR 5.2 billion loan from an Italian bank called Banca Intesa Sanpaolo, which was recently fined $235 million by the New York State Department of Financial Services.…


Tagged: More On Qatar - About the QIA, More on Qatar - Russia Investments

QIA Invests in Russian State-Owned Oil Firm Rosneft (part 3)

Posted: August 17th, 2017

QIA and the Qatari royalty who control it have made a series of other high-profile deals of late. Most notably, Douglas Emmett’s financing partner recently purchased part of a 19.5% stake of the Russian state-owned oil company called Rosneft for $11 billion. In part 3 of our series we explain how the acquisition involved UK corporate entities that ultimately lead to the Cayman Islands. Primary documents included…


Tagged: More on Qatar - Al Thani Family, More On Qatar - About the QIA, More on Qatar - Offshore Assets, More on Qatar - Russia Investments

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