Topic: London’s real estate market bounces back
The sixth Duke of Westminster, Gerald Cavendish Grosvenor, might have the sweetest real estate deal on the planet.
Through Grosvenor Ltd., the family real estate company, he has perpetual and exclusive ownership of most of Mayfair and Belgravia, the ultra-posh London neighbourhoods where a BMW is considered a lowly grocery getter. Buying a house or apartment in either place is exceedingly difficult.