London Mansion on Sale for $34 Million After Bankruptcy of Emirati Tycoon
- Luxury townhouse one of two properties to be sold by receivers
- Al Muhairi filed for bankruptcy after collapse of UAE firm NMC
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A luxury townhouse in London’s exclusive Kensington district is expected to sell for about $34 million (£27 million) as part of bankruptcy proceedings.
The property, a short walk from Hyde Park, is registered to Khalifa Bin Butti Omeir Al Muhairi — an Emirati former vice-chairman of NMC Health Plc. The once London-listed hospital operator collapsed into administration in 2020 following allegations of fraud, triggering a series of investigations and lawsuits.