Sheikh Hamad, the foreign minister of the Gulf State of Qatar, has just made an amazing purchase.
Various news outlets are reporting that he has picked up a penthouse home in the
One Hyde Park development in London for an astounding £100 million (around $196 million). The apartment is one of 86 luxury flats being built on the edge of Hyde Park opposite Harvey Nichols in Knightsbridge. The new apartments have 24-hour room service, bulletproof windows, iris recognition scanners in the elevators, panic rooms and and license plate recognition software,
according to an article in Forbes. The complex has been designed by Richard Rogers is being developed by brothers Christian and Nicholas Candy and is backed by the Sheikh himself from his personal fortune. The penthouse should be ready in two years and two other penthouses have also been sold.
Reader Comments (Page 1 of 1)
JW-C Mar 30th 2007 12:29AM
This is THE development to be keeping an eye on. The hight of true luxury, true style and true class. There is nothing tacky about this project AT ALL. AMAZING.
A Mar 30th 2007 8:02AM
$196,000,000 is pure lunacy; but I wouldn't expect anything less from an oil arab!
Adam Dadson Mar 30th 2007 6:44PM
This is One Hyde Park...the Time Warner Center of London...the world's priciest real estate market. 20,000 Ft2 as well