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Billionaire London Landlord Hunts Deals Outside the Big City

  • Cadogan Group is looking for alternative sources of income
  • Family trusts of 8th Earl Cadogan to use proceeds to pay taxes
Hugh Seaborn
Hugh SeabornSource: Cadogan Group
Updated on

The investment firm for the billionaire aristocrat behind one of London’s biggest real estate fortunes is ramping up deals outside the city to provide an alternative source of income.

Cadogan Group plans to roughly double its investment in UK commercial real estate in outlying areas to about £200 million ($252 million) by the end of the year, Chief Executive Officer Hugh Seaborn said.