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Evening Standard
Evening Standard
Business
Ella Jessel

Revealed: The true scale of Russian-owned property in London is far greater than official records show

Belgravia’s Eaton Square, which earned the nickname ‘Red Square’ due to its popularity with Russian billionaires

(Picture: Alamy Stock Photo)

The UK capital is well-known as a playground for Russia’s ultra-rich but the true scale of ‘Londongrad’ could be far greater than official records show.

Exclusive analysis compiled for Homes & Property has revealed there are 1,895 Russian-owned properties in London alone, over three times higher than official figures of 795.

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