Saudi PIF-Backed Selfridges Wins Approval for Private Members' Club
Selfridges, the department store chain owned by Saudi Arabia's Public Investment Fund and Thailand's Central Group, won approval for a new private members' club at its flagship London outlet.
Westminster City Council approved an application to convert space currently used for staff offices into a membership venue with a terrace and private dining room. The proposal is part of a wider plan to launch a new 'exclusive new shopping and social destination for its most valued customers and members' on Duke Street in the spring, according to a filing.
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