Back The Guardian Wealthy buyers snap up £958m of UK trophy assets during pandemic
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2 May 7:01pm

Wealthy buyers snap up £958m of UK trophy assets during pandemic

The Guardian
The Ritz hotel, Moss Bros and Charlton Athletic among purchases during surge of private buyout deals Wealthy individuals went on an unprecedented buying spree last year, snapping up trophy UK assets – including the Ritz hotel, Charlton Athletic football club and the 170-year-old suit maker Moss Bros – worth almost £1bn. High net worth individuals (HNWI), those with assets of more than $30m (£22m), led 27 private buyout deals worth a combined £958m, according to research by the private wealth law firm Boodle Hatfield.
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