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The Financial Times reported that Abbas Sajwani, the son of Emirati billionaire Hussain Sajwani, is close to purchasing the historic Holm Palace in London for approximately 190 million British pounds. This deal is among the largest private residential transactions in the city’s history. The transaction is expected to be made on behalf of his family, following the previous owner’s purchase of the property for 139 million pounds less than two years ago. The palace features an opulent design with around 40 bedrooms and expansive gardens. The deal reflects the interest of Gulf families in investing in luxury real estate in major global cities.
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