Wednesday, 12 October 2011

London hotels sold for £192m - The National

A Middle East investor is to buy two of London's luxury hotels for £192 million (Dh1.1 billion).

The trendy, modern properties are the Sanderson,near Oxford Street, and the St Martins Lane hotel in London's West End.

The deal follows the purchase last month of the W Hotel in Leicester Square in London by Qatar's Al Faisal Holding in a deal worth close to £200m.

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