Mapped: Report flags £460bn of UK property held via offshore entities
Analysis by Tax Policy Associates suggests beneficial owners of 44% of these assets remain 'hidden, despite the law requiring disclosure'.
What to read next
UK property market still a ‘safe deposit box for the corrupt’ as trusts conceal £64bn in assets
Transparency International has exposed a 'perverse situation' that still allows 'dirty money' to be hidden in UK prime property.
Bangladeshi corruption investigations raise alarm over London property market
'This is a test for the UK government to demonstrate it can fulfil its ambition of being the anti-corruption capital of the world,' says Transparency International.
London property tied to Iranian elites worth £200mn, report claims
'The scale and nature of these acquisitions raise serious questions about how the UK’s anti-money-laundering framework allowed this to happen over a period of many years,' says Transparency International.
Most read
Luxury London developer falls into administration
Begbies Traynor appointed to boutique firm behind a number of top-end resi projects across the capital.
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
Zara billionaire picks up Marylebone rental block for £150mn
Amancio Ortega's Pontegadea has made a notable play in London's built-to-rent arena.
Former buying agent’s prime property network chalks up nearly £4bn of listings
Two-year-old platform doubles down on high-end market with nearly 500 agents signed up and over £3bn of live buyer searches.
In Pictures: 19th-century Notting Hill dairy reborn as boutique resi scheme
Echlin delivers a 'deliberately restrained' take on warehouse living at Black Treacle’s new eight-unit development near Queensway.
Facebook founder buys Irish castle
Mark Zuckerberg & Priscilla Chan have reportedly acquired the 440-acre Strancally estate in Waterford in an off-market deal.
Behind the Schemes: Rebuilding a Notting Hill townhouse from the inside out
ACT, De Rosee Sa & Katie Harbison talk us through a 75-week overhaul that involved moving the staircase, rethinking every floor and reconstructing the roof of a fine Italianate residence.
Beyond the £2mn threshold: Why the new High-Value Council Tax Surcharge needs careful design
The consultation may be over but some of the most important details are still very much up in the air; Hannah Catt looks at the key issues that could determine how the new regime works in practice.
Luxury hotelier appoints Chair amid branded resi push
Former Jumeirah boss José Silva to help steer Maybourne's 'next phase of growth'
Christie’s International Real Estate joins luxury agency push into Phuket
Global brokerage network follows Bangkok launch with move into booming island market.
LATEST ARTICLES
Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
Luxury brokerage network debuts in Abu Dhabi
Christie’s International Real Estate further expands its UAE footprint amid 'historic' market growth.
Behind the Structure: Understanding ownership risk in prime residential property
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
American real estate behemoth takeover completes
Real completes $880mn acquisition of Re/Max, forming 180,000-agent global brokerage giant.
LRG to buy 200-year-old southern counties estate agency
Henry Adams, which traces its roots back to 1826, will share a parent company with Farrar, Stirling Ackroyd and Chancellors.