Sahara India to sell New York’s Plaza Hotel to Qatari firm for $600 million

Sahara India to sell New York’s Plaza Hotel to Qatari firm for $600 million
04/07/2018 , by , in INTERNATIONAL

The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York‘s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio.

Qatar’s state-owned Katara Holding is buying full ownership of the hotel, including a 75 percent stake from Indian business group Sahara India Pariwar, a source familiar with the deal told Reuters.

About admin

Loading...