Tycoons and world leaders who built secret UK property empires



The president of the United Arab Emirates has secretly built one of the single biggest offshore property empires in Britain, the Panama Papers reveal.
Sheikh Khalifa bin Zayed Al Nahyan owns dozens of central London properties worth more than £1.2bn through offshore companies supplied by Mossack Fonseca.

His property portfolio runs from the BHS building on Oxford Street to the designer outlets of Bruton Street and Mayfair’s Berkeley Square estate, where his tenants include Hermès, Stella McCartney and Annabel’s nightclub.
World leaders, business people and celebrities are among those whose anonymous ownership of London property has been exposed by the massive leak of the Panama law firm’s data on offshore companies.
The prime minister of Pakistan, Iraq’s former interim prime minister and the president of the Nigerian senate are among those whose links to London property are detailed by the files.

source: www.theguardian.com

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