Austerity Auction: Greek consul’s Holland Park pile smashes guide price

A Shenzhen property firm owner has reportedly shelled out around HK$2.1 billion (just over £185m) for a new-build house on The Peak in Hong Kong.

PCW Property Holding Limited has exchanged on the Grade I listed Nash-designed Park Crescent West on Regent's Park, buying 129,165 sq ft over 2.

Property tycoon Marcus Cooper is planning to turn seven Regent's Park houses into one of the world's most expensive residences.