{"id":49752,"date":"2014-12-10T19:06:00","date_gmt":"2014-12-10T21:06:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/arabs-buy-london-police-headquarters\/"},"modified":"2019-06-30T13:03:08","modified_gmt":"2019-06-30T16:03:08","slug":"arabs-buy-london-police-headquarters","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/arabs-buy-london-police-headquarters\/","title":{"rendered":"Arabs buy London police headquarters"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Last Tuesday (9th), the Abu Dhabi Financial Group (ADFG), from the United Arab Emirates, announced the purchase of the New Scotland Yard building, the headquarters of London&rsquo;s metropolitan police since the 1960s, for 370 million pounds (US$ 580 million). Located in Downtown London, the building is considered a landmark. Its fa&ccedil;ade has been the setting of numerous cop movies. <\/p>\n<p>The company plans on converting the site into a &ldquo;world-class&rdquo; multi-purpose property (residential and commercial). The Emirati group invests chiefly in finance and real estate. In a communiqu&eacute;, the company has reported that its bid has prevailed over those of ten other interested parties.<\/p>\n<p>According to information from the London City Hall, the deal&rsquo;s value was 120 million pounds (US$ 188 million) higher than the guide price for the property. In a press statement, the London administration informed that the money will go to equipping the London police force with mobile devices such as tablets, smartphones and portable cameras, among other purposes.<\/p>\n<p>The deal is part of a sales package of underused or outdated government-owned buildings and is designed to rebalance the finances of the local police force. <\/p>\n<p>It is also yet another inroad by Arab investors into London&rsquo;s real estate market. This year, the ADFG itself has purchased the number 1 property on Palace Street, adjoining Buckingham Palace, the seat of Britain&rsquo;s monarchy, for 310 million pounds (US$ 486 million). The plan is also to convert the property into a high-end residential\/commercial development.<\/p>\n<p>The London police headquarters will be moved to another site, also in the Downtown area, along the banks of the River Thames, near the British Parliament.<\/p>\n<p>The newly sold building had been the police headquarters since 1967. According to the London City Hall, part of the cash will enable the creation of a museum to house artefacts amassed by the organization since its inception, in 1829, including items related to famous crimes. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-178102\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A holding company from Abu Dhabi has purchased the New Scotland Yard building at an auction for US$ 580 million and will convert it into a residential\/commercial estate.<\/p>\n","protected":false},"author":2316,"featured_media":178102,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-49752","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"A holding company from Abu Dhabi has purchased the New Scotland Yard building at an auction for US$ 580 million and will convert it into a residential\/commercial estate.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/49752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=49752"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/49752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/178102"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=49752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=49752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=49752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}