Ward Yates advises as Qatari firm buys London’s Grosvenor House Hotel

Ward Yates has advised Katara Hospitality, a leading global hotel owner, developer and operator based in Qatar, on the acquisition of the iconic Grosvenor House Hotel on Park Lane, London in conjunction with Linklaters.

Katara is owned by the sovereign wealth fund Qatar Investment Authority (QIA).The hotel is leased to Marriott Hotels.

The Ward Yates team was led by partner Victoria Yates with the Linklaters team led by real estate and hospitality partner Simon Price.