A 40-room mansion, built two centuries ago in the heart of the very chic Regent's Park, is causing a stir in the real estate community in London.
Called “The Holme”, surrounded by more than one hectare of gardens, it is up for sale for 250 million pounds sterling (280 million euros).
This disposal would be the most expensive transaction ever recorded in London for a residence, and undoubtedly one of the highest in the world.
The sale highlights the decades-long love affair between Saudi money and the British capital, reports the
Financial Times
.
It also highlights the financial pressure exerted on senior members of the Saudi royal family by Crown Prince Mohammed Ben Salman.
Since 2017, he has sought to curb the lavish spending of the state and certain princes.
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This would be the case of Prince Khaled Ben Sultan al-Saud.
This 73-year-old general, former deputy minister of defense of Saudi Arabia, acquired the mansion in 1991 via a long lease, a trust in Guernsey and the sum of 43 million dollars.
When he went in search of a private jet in 2016, he included the palace in the pledged assets.
Other expenses and investments have been guaranteed in the same way and, today, creditors, including the London hedge fund Attestor, have launched legal proceedings to return to their funds, explains the British daily.
Which would have resulted in The Holme being put up for sale.