Q Investments
Q Investments Group is a Brunanter holding company owinvolved in investments and real estate. The firm, founded in 1970 is among the wealthiest in the country.
History[]
Investments[]
Q Investments was founded in 1970 by Abdullah El-Mounir, a wealthy Qatari multi-millionaire looking for investment opportunites. With his significant funds he set up a business and began investing in Brunanter companies.
One of the largest early investments with Q Group was in Maxi Group, where they began by owning 3% of shares in 1973. Expansion of their investments and the buying out of other shareholders led them to own 28% by 1995.
Q Group has invested millions in firms such as KCVD Group, tell.me and others in over 40 years. When Abdullah died in 2010 his son Hamid took over the business. One of his first moves was to integrate his share of Maxi group into the firm, thereby amounting to 40%. In 2012, 22% of company shares were sold to private investors.
Real Estate[]
Q Group has been involved in high-end real estate since the 1980s. Initially focused on office buildings and the such, they have since expanded to finance larger constructions. In 1980s they became an investor in the collapsing SD Bank Building project, thus enabling it to be completed. Most recently they became an investor in The Spire, with 55 million euros.
Other projects they have funded and/or own include:
- Havenstad Building, Koningstad
- West Galleries, Koningstad
Q Investments will be involved in the development of the proposed Marceno Project in Cettatie, set to commence in 2015.