Deals
Qatari Sheikh Explores Sale of $869 Million London, Paris Hotels
- Hotels comprise the Sanderson and St Martins Lane in London
- Hyatt Regency Paris Etoile is also being considered for sale
Photographer: Christophe Morin/Bloomberg
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The family office of former Qatari Prime Minister Sheikh Hamad bin Jassim Al Thani is considering the sale of luxury hotels in London and Paris valued at a total of about $869 million, according to people with knowledge of the matter.
Eastdil Secured LLC has been appointed to advise on the potential sale of the Hyatt Regency Paris Etoile hotel in Paris, which is owned by a company linked to the sheikh and valued at about 500 million euros ($557 million), said two of the people, who asked not to be identified because the plans are private.