London Mansion Trades in Luxury Boom’s Latest Banner Sale

Another trophy deal has joined London’s luxury real estate rush.

The Holme, a 40-room mansion in London’s Regent’s Park that traded hands just 18 months ago, was sold again for approximately £195 million ($260 million), Bloomberg reported. The deal represents one of the priciest in the city’s history.

Just like the sale at the end of 2014, very little is publicly known yet about the transaction. Both the buyer and the seller are hidden from view.

The seller acquired the property a year and a half ago for more than £139 million ($189 million), meaning the sale scored a 40 percent price premium.

Marcus O’Brien, a broker with UK Sotheby’s International Realty, held the listing. He declined to comment to the publication.

The white stucco villa is a private oasis, leaving ownership with very few neighbors to concern themselves with.

The home was once owned by a company tied to the children of Saudi Arabia’s Prince Khaled bin Sultan al-Saud. But they were forced to sell the property by creditors, offloading it to the mysterious Zedra Trust Company Limited a couple of years ago.

Today, it stands as one of several high-flying residential sales in London’s booming luxury market.

Developer Nick Candy in April appeared to have shattered the global home sale record — but was quickly eclipsed that month — by selling his Providence House estate in London’s exclusive Chelsea neighborhood for more than £270 million, or $350 million. The sale price was significantly higher than the previous London record of £210 million ($279 million) set in 2020.

Nigerian businessperson Femi Otedola recently got in on the act, purchasing a mansion in St John’s Wood for £53 million ($71 million).

— Holden Walter-Warner