The Middle East investment company, Sidra Capital are reportedly interested in purchasing the Ritz Hotel in London from the Barclay Brothers. According to a report by The Financial Times on Tuesday – it is believed that the brothers are in talks to sell the hotel to the private investment group and that Sir David and Sir Frederick Barclay are reviewing the interest.
The hotel, which is located in Piccadilly, which was built in 1906 has always been popular with the rich and famous and would prove a good investment. A source has said that the brothers would like offers to surpass £750 million.
