Roman Abramovich’s properties: Attempt to sell homes halted by sanctions

Chelsea FC owner Roman Abramovich was sanctioned yesterday by the UK government as part of its response to Russia’s invasion of Ukraine.

He is one of seven oligarchs – seen as allies of Vladimir Putin – to be hit with fresh sanctions, including asset freezes and travel bans, but what properties in the UK have been affected by the move?

Abramovich’s 15-bedroom mansion in Kensington Palace Gardens, which was put up for sale last week, with a price tag of more than £150m, is the biggest residential property asset to be negatively affected by the move.

The most expensive property in his London portfolio, this large home is Grade II-listed and was once used as the Russian embassy.

Abramovich’s triplex penthouse in a 37-storey Chelsea Waterfront building, potentially around £30m, has also been seized.

Meanwhile, Abramovich’s other property interests include a six-storey townhouse in Eaton Square, which he acquired for £28m.

Abramovich has denied links with Putin, who ordered the Russian invasion of Ukraine last week.

 

Loss of Russian buyers will not hurt London property market – Savills

 

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