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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Loss of Russian buyers won’t hurt London property market, says Savills CEO

Savills London

A couple look in the window of Savills estate agents

(Picture: Alamy Stock Photo)

The loss of Russian buyers from the London property market won’t have a big impact, according to Savills.

CEO Mark Ridley said Russian buyers were a “tiny proportion” of the market. The company’s own figures suggest just 1.4% of central London is Russian-owned.

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