The £345m sale of Berkeley Square is facing delays that could wreck the deal.
According to a report in Estates Gazette, Saudi bidders are understood to be £40m short of the £140m equity required for the purchase of 100 buildings in the Mayfair estate.
The bidders are thought to have been given a four-week extension to raise the money.
The Times Business News 02/06/01 page 51
