Main image: Beauchamp boss Gary Hersham
'People forget just how embedded Russian investment is in London': Gary Hersham on how sanctions are affecting the luxury property market
"None of my Russian clients have asked me to sell their properties in London or the Home Counties," says super-prime estate agent Gary Hersham.
Gary Hersham is a founding Partner of Beauchamp Estates, a privately owned firm with some thirty years of experience in both the residential and commercial markets, specialising in acquiring and selling prime central London houses, flats and developments.
Talking Heads: On Russia sanctions & the London property market
Two weeks on, we asked prime property insiders - including those who specialise in Russian clients - about what effect anti-war sanctions are really having on the London property market, and how their…
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'All the biggest deals over the last six months have been to either wealthy American or Gulf families,' says Beauchamp Estates, with US HNWIs behind nearly a third of Mayfair sales above £5mn in 2026…
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