Real Estate
London Mansion Seized From Saudi Royals Sold for £139 Million
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A mansion in London’s Regent’s Park that was seized by creditors to members of the Saudi Royal family was sold at a 44% discount to the asking price almost two years after it was put up for sale.
The Holme, a 40-room house whose neighbors include the US Ambassador, was bought for about £139 million ($172 million) by Zedra Trust Company (Uk) Limited on Dec. 13, UK property records show. That price is still one of the highest ever paid for a UK residence. The documents didn’t reveal the ultimate beneficial owner.