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Faulty Towers: Understanding the impact of overseas corruption on the London property market

“Faulty Towers: Understanding the impact of overseas corruption on the London property market” assessed 14 new landmark London developments, worth at least £1.6 billion. It found 4 in 10 of the homes in these developments have been sold to investors from high corruption risk countries or those hiding behind anonymous companies. Less than a quarter had been bought by buyers based in the UK.

 

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ADDITIONAL INFO

  • View by Topic: Money Laundering & Asset Recovery
  • View by Document Type: Reports
  • Report published: Mar 2017

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