Wednesday, 22 April 2020

Ritz buyer revealed as brother-in-law of #Qatar’s ruler | Financial Times

Ritz buyer revealed as brother-in-law of Qatar’s ruler | Financial Times:

A Qatari investor agreed to buy the Ritz hotel in Mayfair, London, from the billionaire Barclay family last month © AFP via Getty Images

A 40-year-old Qatari businessman who is the brother-in-law of the Gulf state’s ruler is the new owner of London’s Ritz Hotel, UK company filings show.

An unnamed Qatari investor agreed to buy the Mayfair hotel from the billionaire Barclay family last month, inflaming tensions in a bitter family fight between Sir Frederick and Sir David Barclay.

Filings at the UK’s Companies House show that the hotel is now owned by Qatari businessman Abdulhadi Mana Al-Hajri, who is the brother of Sheikha Al-Anoud, the second wife of Sheikh Tamim bin Hamad Al Thani, the emir of Qatar.

Mr Al-Hajri took control of a company called Green Park (No 1) Limited on February 25. This company acquired the group that ultimately owned the Ritz a month later on March 25, two days before UK law firm Macfarlanes announced it had advised an unnamed Qatari buyer of the London hotel.

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