London mansion formerly owned by Saudi royals sells for £139m
London mansion formerly owned by Saudi royals sells for £139m
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The Holme in Regent’s Park, which has 40 bedrooms, was put on the market two years ago for £250m. A 40-bedroom mansion inside Regent’s Park formerly owned by the Saudi royal family has been sold for about £139m in one of London’s biggest ever property sales.
![[Large cream mansion in park next to a boating lake ]](https://i.guim.co.uk/img/media/f70d25d2a4fb02a596f1d453c0d2ed12ca3f2b19/0_116_5361_3217/master/5361.jpg?width=445&dpr=1&s=none&crop=none)
The Holme, a 2,694 sq metre (29,000 sq ft) residence in 1.6 hectares (4 acres) of gardens, sits next to the park’s boating lake close to London zoo and the US ambassador’s residence, Winfield House. It was put on the market nearly two years ago, with agents reportedly seeking offers as high as £250m.
The mansion has been sold to a UK subsidiary of Zedra, a corporate services firm that advises and manages investments for wealthy people, according to land records, as first reported by the Financial Times. However, the identity of the buyer remains a mystery.
Previously owned by Prince Khaled bin Sultan al-Saud, a member of the Saudi royal family, the property has now reportedly been sold for £138.9m, significantly below sales estimates made when it went on the market in March 2023. Built in 1818, the Holme had been bought on behalf of Prince Khaled and his family in 1991, but was put up for sale when a loan secured against the property expired.
The sale price would equal the reported £138m agreed for Aberconway House in Mayfair in late 2023 by the Indian billionaire Adar Poonawalla, known as “the vaccine prince” because of his family’s vast factories. The company which is registered as the new owner of the Holme is controlled by a Zedra entity based in Luxembourg, the FT reported, citing corporate records.
