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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Qatari fund to buy London’s W Hotel

Posted on 12 September 2011

Qatar has another London landmark in its sights. A Qatari sovereign wealth fund is reportedly close to acquiring the W Hotel in London’s Leicester Square, in a deal worth more than $300 million according to Reuters sources.
McAleer & Rushe, the Northern Ireland developer has had the trendy hotel up for sale since before its February launch and has been close to a sale a number of times……………………………………….Full Article: Source


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