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You're reading: London hotter than ever for Ukraine’s oligarchs
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LONDON – Knightsbridge, Kensington and Chelsea are the most desired
destinations for ultra-rich homebuyers from around the world, and
Ukraine’s oligarchs are no exceptions. House prices here are anything
north of $2.2 million.

The influx of foreign cash – often of dubious origin – this year has
forced the British government to consider tightening property-buying
regulations and banning shell companies from offshore havens that hide
real owners.

Ukraine’s richest man, Rinat Akhmetov bought the most
expensive apartment in London in 2011, at One Hyde Park for roughly $200
million. According to a range of reports in the British media,
Akhmetov’s London abode is a fortress, complete with bulletproof windows
and a panic room where he and his family can retreat should an
emergency arise.

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