The latest venture of the London-based Hinduja Group — the £1.2 billion purchase of Britain’s Old War Office (OWO) and its conversion into a palatial, upmarket hotel with Raffles of Singapore, also possessing extraordinarily priced, posh apartments — is creating tidal waves.
Financial Times, probably the first morning daily the corporate world reads in Britain and elsewhere, featured the unveiling of Raffles London at The OWO in a story headlined “The big hotel openings of 2022.”
The article read: “Six years ago, the Hinduja Group and OHL Developments (a Spanish firm) paid more than £350m for a 250-year lease on