Herald Land - LONDON’S BOW STREET MAGISTRATES COURT PURCHASED BY QATARI INVESTORS

1. LONDON’S BOW STREET MAGISTRATES
COURT PURCHASED BY QATARI INVESTORS

2. A famous London court house has been
purchased for an undisclosed sum by Doha
based Business Trading Company (BTC) for
conversion into a £125m ($156 million)
unique luxury hotel. The acquisition
follows a number of Qatari purchases of
high end, luxury property in London such
as Harrods, The Shard, Chelsea Barracks
and the former US Embassy Building.

3. The Grade II listed building was
constructed in 1881, and was once
the home of the Bow Street Runners,
London’s first professional police
force. Infamous British names to be
tried at the court include Oscar
Wilde, the Kray brothers and, more
recently, radical Islamic cleric Abu
Hamza Al Masri.

4. Mehdi Ghalaie, managing director of
BTC UK, told UK media that the
company would work with
conservation trust English Heritage,
Westminster City Council and the
Metropolitan Police to build a “world
class boutique hotel that befits the
history of this landmark building”.

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http://www.arabianbusiness.com/qatari-investors-acquire-london-s-bow-street-
magistrate-s-court-651670.html