Sale of the Ritz a rare opportunity to reshape a London landmark
Barclay brothers bought the property for about £75m in 1995 and it is now tipped to go for as much as £800m
31 October 2019 - 16:54
The billionaire Barclay brothers have kicked off the sale process of London’s landmark Ritz hotel, giving the world’s super wealthy a rare chance to reshape one of the UK capital’s most storied properties.
Broker Jones Lang LaSalle has been hired to work alongside Spartan Advisors, the investment and advisory firm founded by the brothers’ long-term associate Richard Faber, according to people familiar with the sale process...
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