Turkey Billionaire Said in Talks to Sell Hotels to Dubai - Bloomberg:
Turkish billionaire Ferit Sahenk is in talks to sell some of Europe’s most famous luxury hotels to the investment firm owned by Dubai’s ruler as part of a debt restructuring, people with knowledge of the matter said.
The discussions involve properties including the historic Capri Palace in Italy, the Aldrovandi Villa Borghese in Rome and Istanbul’s Grand Hyatt, the people said, asking not to be identified because the talks are private.
Dubai Holding is doing due diligence on the Capri Palace and Aldrovandi, one of the people said. The firm, one of three main state holding companies in the emirate, owns Jumeirah Group, which would likely operate the hotels, the person said.
No comments:
Post a Comment