Al Faisal Holdings has emerged as the acquirer of the W Hotel on Leicester Square in London, Property Week reports. The purchase for £200 million has been made through Al Rayan Tourism & Investment Co.

The deal has brought Al Faisal’s hotel portfolio to 11 properties across Qatar, Egypt and London, consisting of seven fully operational hotels and four under development. The development, carried out by McAleer&Rush, is also home to Mars’ M&M’s world store.

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