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Dubai Ruler in Talks to Buy Some of Europe’s Most Famous Luxury Hotels

By Tony Seruga

The Aldrovandi Villa Borghese in Rome.

Source: Aldrovandi Villa Borghese

Jumeirah owner looking at hotels in Capri, Rome and Istanbul
Sahenk’s Dogus Holding restructured bank loans in December

Turkish billionaire Ferit Sahenk is in talks to sell some of Europe’s most famous luxury hotels to the investment firm owned by Dubai’s ruler as part of a debt restructuring, people with knowledge of the matter said.

The discussions involve properties including the historic Capri Palace in Italy, the Aldrovandi Villa Borghese in Rome and Istanbul’s Grand Hyatt, the people said, asking not to be identified because the talks are private…

Dubai Ruler in Talks to Buy Some of Europe’s Most Famous Luxury Hotels

Categories : Private Equity

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