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[...] purchase in recent times in Madrid. Last month, the Ritz Hotel was sold to the Saudí group Olayan, in a joint venture with the Mandarin Group for €130 million; and in May 2014, Katara [...]
auraree.com
[...] hotels to the Qatari sovereign fund and the alliance formed by Mandarin and the Saudi firm Olayan, respectively, it is the turn of Villa Magna. Sodim, the holding company owned by the [...]
auraree.com
[...] , Omega Capital, and the Belmond chain have finally sold Madrid’s Hotel Ritz to the Saudi Olayan family and the Mandarin hotel group. They should cash in about 130 million euros from this [...]
auraree.com