BY OUR INTERNATIONAL DESK | LONDON: Britain may be in recession, but business is booming for Rupert des Forges, a real estate agent in one of London’s most expensive neighbourhoods.
He expects it will take just a few weeks to find a foreign buyer for a 1,530 square-foot, or 140-square-metre, apartment within a mansion, with concierge, in South Kensington that is listed at £3.25 million, or $5 million.
Someone recently bought two larger properties nearby for around £7.5 million apiece. The buyer was an investor eager to move cash out of the euro zone — in that case, Italy.
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