Matt Alexander / PA

After the 2012 London Olympics, Qatari Diar, a branch of the QIA, took ownership of the Olympic Village for £557 million. Qatari Diar says it will build 2,800 homes on the site. This time last year, the Daily Mail reported that the British government had lost around £500 million in the sale of the site and that Qatari Diar could end up making a £1 billion profit.