Qatar: Al-Thani London palace plans refused
Issue 986
- 05 Feb 2015
| 2 minute read
Westminster City Council has refused to give permission to Al-Thani plans to knock together two mansions to create a lavish palace just off London’s Regent’s Park. The homes on Cornwall Terrace were bought for an estimated £120m ($180m) in 2013; some reports at the time said the buyer was Sheikha Mozah Bint Nasser Al-Misnad, mother of Emir Sheikh Tamim Bin Hamad, and there were suggestions the palace was to be the emir’s London residence. In what The Guardian described (with some glee) as a “rare act of resistance against the tide of Qatari petrodollars that has swept through London’s property market”.
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