UPDATE: Sahara Group Unloads Three Luxury Hotels to QIA for $1.6 Billion
Posted on 07/08/2016
July 28, 2016 UPDATE: Apparently, the deal has been rejected and is not going through, according to the Sahara Group. Opportunistically, the Qatar Investment Authority (QIA) is moving forward on buying Sahara Group’s ownership stake in its three marquee hotels for US$ 1.6 billion. This is after an extensive 24-month long negotiation period. The hotels […]
- Europe
- Grosvenor Hotel
- India
- London
- NY
- Plaza Hotel
- Qatar Investment Authority
- real assets
- Real Estate
- Sahara Group
