Jersey-based law firm Ward Yates has advised Katara Hospitality, a global hotel owner, developer and operator based in Qatar, on the acquisition of the Grosvenor House Hotel on Park Lane, London, in conjunction with Linklaters.
Katara is owned by the sovereign wealth fund Qatar Investment Authority (QIA), and the hotel is leased to Marriott Hotels.
The Ward Yates team was led by Partner Victoria Yates (pictured), with the Linklaters team led by Real Estate and Hospitality Partner Simon Price.