Price falls in London’s best central districts are rippling out as Brexit and other worries weigh on demand.
Magnier, a former shareholder in English soccer club Manchester United, is a breeder of thoroughbred horses.
Developers have begun construction on more new homes than they have sold each year since 2012.
Uncertainty surrounding the U.K.’s EU exit will accelerate declines that began last year, Savills said.
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