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Prime property, slow sales: why London’s stock of empty high-end flats is piling up

Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the cost London has no shortage of luxury flats. There are ultra-modern blocks in the most upmarket neighbourhoods – including Chelsea, Kensington and Mayfair – that offer marble lobbies, concierge services and views across the city’s skyline. The problem for property developers is finding wealthy…

First reported by The Guardian 1 source
Image: The Guardian
Image: The Guardian
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  1. The Guardian

    Prime property, slow sales: why London’s stock of empty high-end flats is piling up (opens The Guardian in a new tab)

    Homes in the West End, Mayfair and Marylebone are going unsold – and developers are counting the cost London has no shortage of luxury flats. There are ultra-modern blocks in the most upmarket neighbourhoods – including Chelsea, Kensington and Mayfair – that…

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