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Art collector Fatima and oil tycoon Eskandar Maleki have reduced the asking price of their Mayfair property due to high financing costs and political risks. Meanwhile, Russian billionaire Mikhail Fridman has been denied access to extra cash for staff and upkeep of his north London mansion by a UK court. Fridman had lost his challenge over mansion upkeep, which means his $53.2-million art collection in the mansion will likely get dusty.
London's high-end property market can be tricky to understand. Here's the latest https://t.co/bM49848gUN
London's high-end property market can be tricky to understand. Here's the latest https://t.co/0jpfZ2ueeG
Such an indignity! London’s High Court has refused to allow Russian oligarch Mikhail Fridman to spend $36,400 a month on upkeep for his London mansion. The $53.2-million art collection he’s got hidden away there is going to get dusty indeed. https://t.co/5Ga0ZnoDQz
Russian billionaire Fridman loses challenge over mansion upkeep | Reuters https://t.co/nRvOx8V7Vs
Russian billionaire Fridman loses challenge over mansion upkeep https://t.co/U7yA41gnqM https://t.co/empicL9cGo
UK court denies request from sanctioned Russian billionaire Mikhail Fridman for access to extra cash to pay for staff and the upkeep of his north London mansion https://t.co/PpTXUnMzJm
Art collector Fatima and oil tycoon Eskandar Maleki have reduced the asking price of their Mayfair property as high financing costs and political risks sap demand for luxury London homes https://t.co/5kPAT2fm4Z