Mergers & Acquisitions
Property & Real Estate
Sovereign wealth
Uncategorized
Marriott Sells St. Regis New York to Qatar Investment Authority
Marriott International Inc. has sold the St. Regis New York for $310 million to Qatar’s sovereign wealth fund, offloading a historic property that served as the launching point for an indispensable cocktail and a preeminent luxury hotel brand. The purchase gives Qatar Investment Authority another trophy asset to add to…
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Click here to read the full story: Bloomberg