Qatari Royal Family Properties In London
The royal family of qatar has absolute authority meaning that the head of state is also directly responsible for the governance of the country.
Qatari royal family properties in london. Sheikh hamad bin khalifa al thani the emir of qatar has spent tens of millions on dudley house in london s park lane since acquiring the sprawling property for 37 4m in 2006. Canary wharf group investment holdings which is co owned by qatar holdings part of the qatar investment authority qia. The qatar royal family plans on combining three properties into one megamansion. Hamad bin jassim bin jaber al thani a member of the qatari royal family is believed to have scooped up the six storey forbes house in belgravia.
Q atari investors own more property in the capital than the mayor of london s office and three times more than the queen according to new data seen by the telegraph. 1 2 and 3 cornwall terrace which were designed by decimus burton famous as the protégé of john nash. The qatari ruling family has snapped up one of mayfair s finest family homes for more than 40 million in its latest central london spending spree the evening standard can reveal. Qatar s royal family which owns more of london than the crown estate is also planning their own british palace in the capital.
Qatari investors from the national sovereign wealth fund to members of the royal family to small companies backed by wealthy investors have spent a combined 10b on london real estate since. British royal residences are palaces castles and houses occupied by members of the british royal family in the united kingdom some like buckingham palace and windsor castle are owned by the british monarch by virtue of his or her position as king or queen while others like balmoral castle and sandringham house are personally owned and have been passed down for generations. The family rule over qatar with sharia law where women are still treated as second class citizens. The qatari royal family now owns more of london than the crown estate.
Along the way qatar has also acquired just over a quarter of sainsbury s some 8 of the london stock exchange and nearly 7 of barclays. As the former qatari prime minister sheikh hamad bin jassim bin jaber al thani not to be confused with the current eighth emir 34 year old sherborne.