St. Regis: Marriott International : Qatar Wealth Fund buys St Regis SF for $175m

(4-traders.com) The Qatar Investment Authority (QIA) has bought the St. Regis in San Francisco for $175 million, and will continue to operate under the Marriott brand, Biz Journals has reported. The QIA bought the former Starwood property from Marriott, which sits across the street from the newly revamped SFMOMA, and had been part of a larger deal Qatar was...http://www.4-traders.com/MARRIOTT-INTERNATIONAL-IN-14633490/news/Marriott-International-Qatar-Wealth-Fund-buys-St-Regis-SF-for-175m-23497349/