A portfolio of luxury homes in Knightsbridge and on “Billionaires’ Row” in Hampstead worth £65m in total has been brought to the market.
Deutsche Bank took control of six luxury flats in Knightsbridge and a house on Bishops Avenue, N2, earlier this year after it won a lengthy legal wrangle with the family of former Pakistani government minister Waqar Ahmed Khan.
Receivers at Eddisons Commercial, on behalf of Deutsche Bank, have now hired Knight Frank to sell the flats, which are worth £35m, as well as the £30m house, Dryades, in Hampstead. The site on Bishops Avenue has planning permission for a 46,000 sq ft home.
The Khan family, which included Pakistan’s former privatisation minister and his father, senator Gulzar Ahmed Khan, sued Deutsche Bank for £60m. The Frankfurt-based bank tried to recoup a £50m loan. The family lost the legal battle in March.
annabel.dixon@estatesgazette.com
