Rich teens from Russia enter the property market in London

Rich teens from Russia enter the property market in London

Russian rich teenagers are increasingly becoming buyers of real estate in London, the portal OPP.Today writes. According to a representative of the Christie's International Real Estate, the youngest investor asked property in their company was 16 years old. Usually wealth parents supervise such transactions.

Overall, the share of the Russians and immigrants from Central Asia is accounted for approx. 15% of all deals in luxury property market in London.

 

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