IFLR1000

Westin Hotel QR1.75 billion financing

30/9/2015
Financing, Real estate finance
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QR 1.75 billion

$ 480.598 million

Completed

30/9/2015

Overview:

  • The Commercial Bank and Doha Bank have provided a QR1.75 billion syndicated term loan for the construction of the Westin Doha Hotel & Spa.
  • The 372 room project is the fourth in the Middle East owned by Starwood Hotels & Resorts.

Sam Duke - Editor

Jurisdiction:

Qatar

Deal types:

Financing
Real estate finance

Practice areas:

Banking
Real estate finance

Governing law:

Qatar

Industry sectors:

Real estate
Tourism

Firm:
Allen & Overy (Doha office closed July 31, 2019)

Party: The Commercial Bank (Lender)

Party: Doha Bank (Lender)

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