London's historic estate, The Holme, has changed hands for a staggering £138.9 million. The sale, finalized recently, marks a significant chapter in the property's storied past. Built in 1818 and spanning over 2,694 square meters (29,000 square feet), The Holme is nestled within 1.6 hectares (4 acres) of lush gardens in the heart of Regent’s Park. Its proximity to the park's boating lake, London Zoo, and the US ambassador's residence, Winfield House, makes it a coveted address.
The Holme's name is derived from a Saxon word meaning a small island or elevated piece of land in water or a river. This prestigious residence was previously held by Prince Khaled bin Sultan al-Saud, a member of the Saudi royal family. Bought on behalf of Prince Khaled and his family in 1991, The Holme was put up for sale following the expiration of a loan secured against the property.
The property was initially available on the market nearly two years ago, with agents seeking offers as high as £250 million. However, the final sale price fell considerably below these initial estimates. The Holme is ultimately owned by the Crown Estate, a portfolio of lands and properties across England and Wales belonging to the monarch. It was made available for purchase on a long lease.
The new registered owner of The Holme is a UK subsidiary of Zedra, a corporate services firm that provides advisory and management services to high-net-worth individuals. The company controlling The Holme is linked to a Zedra entity based in Luxembourg. Despite the requirements for offshore companies with UK properties to declare their ultimate owners, the true identity of The Holme's new owner remains undisclosed.