At 750 million pounds, Saudis are interested in buying a hotel in central London

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It was built in 1906 by the Barclay brothers

Saudi investors entered into serious discussions with the owners of the Ritz Hotel in London, where a Saudi group expressed interest in buying one of the most famous hotels in the British capital.

The Financial Times revealed that an investment group in Saudi Arabia is interested in buying the Ritz Hotel in London, which was built in 1906, from the Barclay brothers, and the report did not clarify the amount required to complete the process.

And informed sources were quoted as saying that the owners of the hotel, the Barclay Brothers, are considering selling the hotel with a number of no less than 750 million pounds.

According to the report, the Barclay brothers had purchased the hotel in central London, for 75 million pounds in 1995, and invested tens of millions to bring it back to where it is today.

London
The Ritz Hotel

At 750 million pounds, Saudis are interested in buying a hotel in central London

Already

Saudi investors entered into serious discussions with the owners of the Ritz Hotel in London, where a Saudi group expressed interest in buying one of the most famous hotels in the British capital.

The Financial Times revealed that an investment group in Saudi Arabia is interested in buying the Ritz Hotel in London, which was built in 1906, from the Barclay brothers, and the report did not clarify the amount required to complete the process.

And informed sources were quoted as saying that the owners of the hotel, the Barclay Brothers, are considering selling the hotel with a number of no less than 750 million pounds.

According to the report, the Barclay brothers had purchased the hotel in central London, for 75 million pounds in 1995, and invested tens of millions to bring it back to where it is today.

January 22, 2020 – 27 Jumada I 1441

08:23 AM


It was built in 1906 by the Barclay brothers

Saudi investors entered into serious discussions with the owners of the Ritz Hotel in London, where a Saudi group expressed interest in buying one of the most famous hotels in the British capital.

The Financial Times revealed that an investment group in Saudi Arabia is interested in buying the Ritz Hotel in London, which was built in 1906, from the Barclay brothers, and the report did not clarify the amount required to complete the process.

And informed sources were quoted as saying that the owners of the hotel, the Barclay Brothers, are considering selling the hotel with a number of no less than 750 million pounds.

According to the report, the Barclay brothers had purchased the hotel in central London, for 75 million pounds in 1995, and invested tens of millions to bring it back to where it is today.

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