LONDON (Reuters) - London's most expensive mansion is up for sale again.
The mansion in Knightsbridge, London, overlooking Hyde Park, is listed for sale through Beauchamp Estates, a person familiar with the sale process said.
October 10, 2022
Xu Jiayin
The ultimate owner of the property is the family of China Evergrande chairman Xu Jiayin, the person said.
The person requested anonymity because the sales process is not public.
The proposed sale comes less than three years after the last sale of the property.
London's most expensive mansion is up for sale again.
Started with 1.08 billion 2 years ago
The British Virgin Islands-registered company called Vision Perfect Global Limited bought the 45-room property in April 2020 for £210 million (RM1.08 billion), according to documents from the UK Land Registry.
A spokesman for Beauchamp Estates declined to comment.
A representative for Evergrande declined to comment. The Financial Times earlier reported that Chinese billionaire Zhang Songqiao came forward to buy the property for Xu Jiayin. Zhang Songqiao is the founder of real estate company Zhongyu Land.
Xu Jiayin, once one of China's richest men, sold assets after a slump in the property market caused developers such as China Evergrande to default.
Xu Jiayin's net worth fell to around US$6 billion (RM27.9 billion) from US$30 billion (RM139.5 billion) at the end of 2019.
