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 (http://www.dailymail.co.uk/news/article-2616510/Duke-Westminsters-property-company-sells-240million-luxury-homes-fears-London-bubble-burst.html)