Wednesday, November 4, 2009

Qatari firm buys U.S. Embassy building in London

LONDON, England (CNN) -- The U.S. State Department has sold its London embassy building to a Qatari real estate company, the embassy announced Tuesday.

The signing of the deal is another major step in the embassy's plans to relocate from its longtime headquarters in central London to a new site in Wandsworth, on the south bank of the River Thames.

It wasn't immediately clear how much Qatari Diar Real Estate paid for the embassy building in Grosvenor Square, whose 1960s facade was recently given listed status, meaning its design can't be changed.

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