On January 22 it was reported that “Hughie”, the 33-year-old Duke of Westminster, had sold a £306 million stake in his London estate to Norway’s oil fund, Norges Bank.
As London real estate news it was both big and small fry. Big because in 400 hundred years this is the biggest chunk any member of the family have divested themselves of; small because it is but a fraction of the 300-acre Grosvenor Estate and will amount to a puny drop in the ocean of Hughie’s £10 billion fortune.
