Qatar Sheik Buys $196 Million Penthouse

Sheikh Hamad, the foreign minister of the Gulf State of Qatar, has just made an amazing purchase. He has just bought a penthouse home in the exclusive and super-luxurious area of One Hyde Park Development in London for an astounding £100 million (around $196 million).

The penthouse apartment of the Sheikh is one of 86 luxury flats being built on the edge of Hyde Park opposite Harvey Nichols in Knightsbridge.

Some features of the new ultra-luxurious apartments are:
- 24-hour room service
-bulletproof windows
-iris recognition scanners in the elevators
-panic rooms
-license plate recognition software

The complex has been designed by architect Richard Rogers is being developed by brothers Christian and Nicholas Candy. This project is also sponsored and backed by the Sheikh himself from his personal fortune.

The penthouse should be ready in two years and two other penthouses have also been sold.

I wonder why the Sheikh would have invested and sponsored such as luxurious and top-level project in London... maybe the investment will be paid off and the value of the appartment will be multiplied itselt many times in a short period of time...

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