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So far 33 flats have been registered at the Land Registry with a combined value of £727.4m [$1,182,243,220]. According to Project Grande, total completed sales to date – about 45, although not all have been registered – have amounted to £963.5m [$1,565,976,550]. There are about 30 still to be sold, with deals worth about £125m expected this quarter. — Daniel Thomas and Cynthia O’Murchu, Financial Times
The $221,000,000 apartment was purchased by Ukrainian billionaire Rinat Akhmetov. Many newspapers and media sources had been scrambling to discover the discrete mystery buyer who had conducted the deal through proxy; however, the Financial Times was first to discover the identity of the buyer... View full entry
