Hedge fund tycoon bags £100m bargain

The government may be in chaos and the country facing an uncertain political and economic future. Yet being a neighbour to the Queen still commands an eyewatering price tag for the global super-rich — even with a 34% discount.

One of the world’s most powerful businessmen has overlooked the challenges of Brexit to invest nearly £100m in a property near Buckingham Palace. Ken Griffin, a billionaire hedge fund tycoon, confirmed yesterday that he had bought 3 Carlton Gardens, a Georgian house overlooking St James’s Park, completing the most expensive property sale in Britain since 2011.

The purchase, which was reduced from £145m to £95m, means that the American businessman, 50, will share a driveway with the foreign secretary and be able to relax on a balcony to watch state occasions on the Mall.

Click here for the full Times article (£)

Click here for the full Telegraph article (£)

Click here for the full Guardian article