wnership of the five-star properties have been the subject of speculation for years, as potential bidders, including some from the Middle East, have come and gone.
But Adia has put down an offer of £1.6 billion (Dh9.04bn) for the hotels in London’s affluent West End, according to reports in the British press.
That would equate to about £3 million per room, a big sum even for prime properties in one of the richest parts of the world.
http://www.thenational.ae/business/property/abu-dhabi-investment-authority-eyes-up-prime-london-hotels
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