The Monaco-based investor who agreed to pay £38m for Lambert Smith Hampton has had “logistical” problems coming up with the cash.
Countrywide’s sale of its commercial property business to John Bengt Moeller has been delayed after the Danish businessman was “indisposed” in January and money failed to change hands due to “logistical difficulties”.
Lambert Smith Hampton has 40 offices in the UK and Ireland and employs 1,700 people.
Moeller is the chairman of Great Global Holdings, which owns London-based property investment manager MMS Real Estate. It made a £54,573 loss for the year to the end of last March.
