Panama papers and property

Follow @EstatesGazette LONDON SECRET STAKES MAP:THE PROPERTIES WHO OWNS LONDON? FROM THE ARCHIVE NEWS • Foreign firms face scrutiny Foreign companies that already hold or want to purchase UK assets will now be forced to reveal who owns them SECRET STAKES IN LONDON UNVEILED Secret stakes in London property held by global political leaders have been uncovered in a huge leak of documents from Panama-based law firm Mossack Fonseca. The investigation into the 11.5m leaked documents has shown that the family of Azerbaijan president Ilham Aliyev used foundations and companies in Panama to hold “secret stakes” in London property, according to the International Consortium of Investigative Journalists. Click here for more. Watch the video below to see who owns those "secret stakes". Back to top THE PROPERTIES UNDER SCRUTINY Click start exploring to find out the London properties under scrutiny Back to top WHO OWNS LONDON? Analysis of the Land Registry’s database of foreign property ownership in England and Wales shows that 99,344 properties in the UK are owned by companies registered abroad and 44,022 of those, or 44%, are in London. The map below shows where the money has come from. Hover over the circles to see values. Back to top FROM THE ARCHIVE • Flagship store of struggling retailer BHS sold • Candy to sell long leasehold of One Hyde Park • UK overseas ownership revealed Back to top To send feedback, e-mail e-mail newsdesk@egi.co.uk or tweet @estatesgazette