UAE President MBZ Buys £65 Million Mansion in London’s Chelsea District - Bloomberg
United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan has bought a mansion in Chelsea, one of London’s most expensive home deals in recent years.
A company tied to the UAE leader spent £65 million ($81.7 million) on the west London mansion in November, according to UK filings. The property was built in the 2000s when a group of businessmen developed three mansions on the site of a former telephone exchange.
Known as MBZ, the sheikh succeeded his late brother as UAE president and ruler of Abu Dhabi in 2022, which is home to one of the world’s richest wealth funds. The UAE is increasingly seen as a key partner for the UK and other Western governments — as geopolitical tensions with China rise and the war in Ukraine cuts off investment from Russia.
Abu Dhabi’s media office did not respond to an e-mail and calls requesting comment.
No comments:
Post a Comment