Qatar

QATAR PURCHASE OF THE U.K…..

Not only British property, but their politicians as well.

How the Qataris bought Britain: Top hotels. Ascot. Prime Mayfair mansions… the sheikhs have rolled into the UK – for only £11.6billion

  • The Qatari ruling family boasts a prestigious property portfolio in Britain worth an estimated £740 million
  • They have been quietly buying up trophy properties – including the Shard in London – over the past eight years  
  • Qatar’s Constellation Group bought a majority stake in company that owns Claridge’s and the Connaught last week
  • Family have spent £11.6 billion buying empire and sovereign wealth fund snapped up Canary Wharf for £2.6 billion

Last week Qatar’s Constellation Group sensationally snapped up a majority stake in the company that owns Claridge’s, the Connaught and the Berkeley Hotel.

The eye-catching purchase was just the latest made by the Qatari ruling family, who for the past eight years have been quietly buying up prestigious properties – including the Shard – in an attempt to win a place in the British Establishment.

They now boast a property portfolio worth an estimated £740 million, and have spent £11.6 billion collecting trophy assets in the UK. Just last week their sovereign wealth fund snapped up Canary Wharf for £2.6 billion.

Last year, the oil-rich country became the first commercial sponsor of Royal Ascot. And the £100 million restoration of Dudley House, the UK’s most expensive house, was completed this year.

The Gulf State may have been accused of helping to fund Islamic extremists and bribing officials to host the 2022 World Cup – both charges denied, of course. But as this investigation shows, London is rapidly becoming Qataropolis…

More here.

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