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Qatari Diar agrees £450 million refinancing for Grosvenor Square Rosewood hotel

Four-club bank replaces original funders on former US Embassy
The Chancery Rosewood. (CoStar)
The Chancery Rosewood. (CoStar)

Qatari Diar has completed the refinancing of The Chancery Rosewood, the redevelopment of the former US Embassy on Grosvenor Square in Mayfair, securing a £450 million facility from a four-bank club comprising Doha Bank, Mashreq Corporate & Investment Banking Group, Standard Chartered and United Overseas Bank.

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