- Tuesday, November 26, 2024
The mansion is linked to Andrey Goncharenko, former deputy chief executive officer of Gazprom Invest Yug — a subsidiary of Russian state-run energy firm.
By: Shubham Ghosh
RAVI Ruia, an Indian billionaire, has bought a London mansion linked to Russian property investor Andrey Goncharenko worth £113 million, Bloomberg reported, adding it is one of London’s biggest residential deals in recent years.
Ruia co-owns investment firm Essar Group.
The family office of Ruia bought the ‘Hanover Lodge’ mansion overlooking Regent’s Parkat 150 Park Road earlier this month through a sale of the home’s Gibraltar-incorporated holding company, the report cited an informed source as saying.
Goncharenko, former deputy chief executive officer of Gazprom Invest Yug — a subsidiary of Russian state-run energy firm — owned the mansion as recently as two years ago. According to the source, the former purchased the property’s outstanding lease in 2012 from late Conservative Party peer Raj Kumar Bagri for £120 million.
In an emailed statement, William Rego, a spokesperson for the Ruia family office, said the property “is under construction and became available at a price which makes it an attractive investment for the family office”, Bloomberg report added.
The Financial Times first reported about the deal.
The most expensive homes in the UK’s capital are typically bought by buyers who rely less on debt, particularly as high interest rates affect the incentive of borrowing money.
Globally, some 17 per cent of individuals with a net worth of $30 million or more bought at least one home in 2022, consultant Knight Frank reported.
