Exploring London’s Mega Mansion Market: A Conversation with Gary Hersham
Gary Hersham, founder of Beauchamp Estates, discusses London’s super prime property market, noting strong sales in Mayfair, with Grosvenor Square being popular for mansion purchases by Indian and Middle Eastern buyers, while Europeans and Americans prefer serviced apartments for convenience and amenities. Unique features include grand reception rooms, and wealthy renters typically seek properties during home renovations. There is no standout nationality in terms of new wealth coming into London currently.