Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
Property /  International

Transparency International urges Britain to rein in hot-money flows into property

Corruption watchdog urges tougher stance on offshore companies' property acquisitions

Topic |  
Reuters
Reuters

Updated: 11:05pm, 4 Mar, 2015

Why you can trust SCMP
Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
Almost one in 10 properties in Westminster and 7.3 per cent of properties in Kensington and Chelsea are owned by companies registered in an offshore secrecy jurisdiction. Photo: Bloomberg
READ FULL ARTICLE