At least £122bn of property in England and Wales is held through companies in offshore tax havens, according to an FT analysis.
The Land Registry data showed that 91,248 properties are owned through tax-haven companies.
Nearly two-thirds of the offshore-owned property is in Greater London, with 27 percent in Westminster.
It argues that this has made London property a haven for the world’s dirty money.
Financial Times, 1, 3