The Barclay family did not enjoy a big windfall after selling the Ritz hotel for about £750m.
Instead, the proceeds from the sale to Qatari businessman Abdulhadi Mana al-Hajri in 2020 largely went to other creditors.
The family owes about £1bn to Lloyds Banking Group, which took control of the Daily and Sunday Telegraph and The Spectator magazine after talks with the Barclays about repaying its debts broke down.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
