Friday, November 12, 2010

Londons St James Hotel and Club Sold

LONDON-The Pakistan billionaire Mian Muhammad Mansha has purchased the 60-unit luxury St. James Hotel & Club here for about $95 million. An unnamed local property company sold the hotel, through Savills and Gerald Nolan & Partners.
The property, set within a Victorian townhouse, is managed by Althoff Hotels at 8 Park Pl. The hotel includes many luxury amenities, including a chauffeur for guests and elaborate room settings. Rooms are available from $385 to $630 per night.

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