A Parisian mansion owned by Qatar’s Prince Abdullah bin Khalifa al-Thani has been sold for €200 million ($305 million) to French billionaire Xavier Niel in one of the largest ever transactions for private property in the French capital, according to a Bloomberg report.
The transaction for the 380-year-old Hôtel Lambert, which is a mansion, beats the €100 million reportedly paid for another property, the Hôtel de Soyecourt.
Niel, the founder of French telecom group Iliad, is understood to be considering using the 43,000-square-foot property as a cultural foundation rather than living in it himself.
The mansion, first built for financier Jean-Baptiste Lambert de Thorigny, has also been owned by Polish princess Anna Czartoryska and Guy de Rothschild.
It is set on the edge of the Ile Saint-Louis, one of two natural islands in the River Seine in Paris.
The property was sold to the Qatari prince in 2007 for €60 million.
(Reporting by Imogen Lillywhite; editing by Cleofe Maceda)
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