Qatar purchases another US Embassy building

via Qatar:Emir buys US Embassy building and Le Figaro in Paris – General news –

(ANSAmed) – DOHA, JUNE 25 – Qatar has purchased for 300 million euros the building which hosts part of the US Embassy in Paris and the main offices of Le Figaro newspaper, as reported by weekly magazine Arabian Business. The building of 23,000sqm is in 14 Boulevard Hausmann in the centre of Paris. It’s not the first American Embassy to be purchased in Europe by the Emirate: also in 2009 Qatar bought the US Embassy building in London.

News of the new purchase in Paris arrives a day after the announcement that a group of American hotels, Starwood Capital, sold four French Hotels to a Doha investor, including the famous Martinez in Cannes and the Concorde Lafayette in Paris.

3 thoughts on “Qatar purchases another US Embassy building

  1. And Starwood Capital is in a joint venture with Toll Brothers, one of America’s largest building empires, with Middle East buyers and investors. How much property in, oh say Manhattan has already been puchased?

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