In 2001,the 10,000 acre Cluny Estate, near Laggan in Inverness-shire was bought by Mr Alain Angelil for £3.6 million. He put it on the market on 12 August 2013 (media release & sales brochure 10.4Mb pdf).
Earlier this month, the estate was sold for £7.3 million to a company called Cluny Estates Ltd., PO Box 83, Ordnance House, 31 Pier Road, St. Helier, Jersey (memorandum of association here). This company is owned by two shareholders, OH Securities Ltd. and R&H Investments Ltd., both at the same address. As illustrated by a previous blog about Kildrummy Estate, these two companies are in turn both owned by R&H Trust Co. (Jersey) Ltd. which in turn is owned by the two companies that it owns (OH Securities Ltd. and R&H Investments Ltd.) and a third, Woodbourne Nominees Ltd. Who owns Woodbourne Nominees Ltd.? R&H Trust Co. (Jersey) Ltd. See below.
So, who is really behind Cluny Estates Ltd.?
Last week, land agents were on site at Cluny Estate. Asked who had bought it, they said they did not know and did not want to know. They are instructed by an agent in London who, in turn, is instructed by another agent.
I understand, however that the real owner is a member (or members) of the Qatar royal family – perhaps Sheikha Mozah bint Nasser al-Missned (pictured above). She and other family members own significant properties in London including Harrods, 95% of the Shard, the Olympic village, half of the world’s most expensive apartment block, One Hyde Park, Canary Wharf and the US Embassy building. See recent reports here and here. Yesterday the family was denied planning consent to create a 17 bedroom palace in Cornwall Terrace, London.
If anyone has any further information, please feel free to share it in comments or directly to me via email email@example.com. Meanwhile, I have sent an email to the estate office to ask for confirmation.