REPORT: USD132 BILLION OF UK PROPERTY REGISTERED IN TAX HAVENS

Over 87,000 properties in England and Wales valued at an excess of USD132.4 billion (GBP100 billion) are owned by anonymous companies registered in tax havens, according to a new report. Forty percent of the identified properties are in London. Cadogan Square in Knightsbridge, an affluent neighbourhood of Victorian homes bordering Hyde Park, hosts at least 134 secretly owned properties. About 10,000 properties are in Westminster, home to the British Parliament.