Qatari firm buys London's Grosvenor House hotel
A Qatari state-backed company is to buy the Grosvenor House hotel on London’s Park Lane, the latest in a string of acquisitions of the capital’s trophy assets. Katara Holdings, which is owned by the Qatar Investment Authority has bought Grosvenor House for an undisclosed price from private American property investment…
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Click here to read the full story: The Guardian