February 23, 2007

The Sheikh backing Candy&Candy

It's been recently revealed that Sheikh Hamad bin Jassim bin Jaber al-Thani, the foreign minister of Qatar is the principle funder behind Candy & Candy's One Hyde Park, rumored to be the most expensive apartments in the world, with average prices starting at £4,000/square foot.
Sheikh Hamad also made local business news recently, when it was announced that his property investment vehicle spent £90m on Sainsbury’s shares on the day that private equity groups launched a takeover bid for Britain's second largest supermarket chain .