The Duke of Westminster's property company sells £240million of luxury homes

Started by PrincessOfPeace, April 30, 2014, 11:50:06 AM

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PrincessOfPeace

QuoteThe property company owned by the Duke of Westminster has sold off £240million of luxury homes in central London amid fears the capital's house price bubble may be about the burst.

Grosvenor Group said it was cutting its exposure to high-end residential properties after growing concerned that the rate of growth in the London luxury house price market was unsustainable.
More: Duke of Westminster's property company sells £240million of luxury homes over fears London bubble may be about to burst | Mail Online