Berkeley Hotel up for sale
A few years ago, developer Paddy McKillen owned a stake which was over thirty per in a trio of prestigious London hotels, including the Connought, Berkeley and Claridges. High levels of interest from the Barclay brothers to purchase the hotels led to four years of rivalry between the property owners, and over £30 million of legal fees, where the brothers wrongly assumed McKillen would give up his stake in the properties due to pressure on other parts of his business.
