Meet the biggest spenders in the ‘London Property Market’.

DJ Xclusive and these Nigerians spend £250 million on homes!

Billionaires Folorunsho Alakija, Aliko Dangote, DJ Xclusive (Rotimi Alakija, Mrs Alakija’s nephew) and other businessmen, oil tycoons & politicians Nigerians have been listed as the biggest spenders in the prime London property market – as a matter of fact, Mrs. Alakija allegedly owns 5 apartments at the exclusive One Hyde Park apartments, worth £81 Million!

In a new report by Daily Mail, these wealthy African buyers spend almost £4million on London property every week.

These super rich Africans allegedly invest their expansive wealth in prime London property for reasons such as cultural ties to London, general safety and education for their children added to this is the threat of Ebola and terrorism.

Most of the buyers are from Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal, with Nigeria taking the lead!

According to the report 80 per cent of the super rich spend between £15million to £25million on a residential property, while ten per cent spend more than £30million.

If they are not buying, they are renting luxury pads for up to £15,000-per-week and staying for between six weeks and three months per year.

The is despite the salary of the average Nigerian being £850 a year….oh well!

See some photos of the assets below:

Comments

10 reasons why you should always go for the girl who drinks Whiskey

Though Whiskey is generally consider a man’s drink, woman who take it are seen as special. Elite Daily writes of 10 reasons why you should always go for a girl who drinks whiskey. She’s a little bit badass : Whiskey drinkers are typically generalized as “badass” and it couldn’t have came to fruition without some level of truth to it. But just because she doesn’t drive a motorcycle or play bass guitar doesn’t mean she can’t have a little wild streak you don’t know about. And, judging by the bourbon on the rocks she’s clutching, she probably does. She’s emotional: She’s very in touch with her emotions – thanks in part to whiskey – especially after she has one too many whiskey shooters and lets you know how she really feels. Whiskey drinkers appear apathetic to the majority of mankind — but after you get to know people who love a good tumbler of whiskey and you share a few drinks with them, you’ll realize just how passionate they are. She isn’t afraid ...

Building Collapse: TB Joshua Compensates Families With N750,000 Each

The General Overseer of the Synagogue, Church Of All Nations, Prophet T.B Joshua has stated through the church spokesperson, Kirsten Nematandani, that the church will be compensating the families of the victims who lost their lives during the collapse of the Church’s guest house on Friday, September 12, 2014 with the sum of 50,000rands (N750, 000) to each family. According to Kirsten, “The church has pleaded with the Nigerian government to expedite the repatriation process in order for families to bury the deceased with dignity and receive closure. “We have done a full audit of each family’s financial needs and assisted with various household expenses, as many of the deceased were breadwinners.” “The SCOAN church is donating a sum of 50,000 rand to each victim’s family for various expenses”, he said. Recalled that large cross section of those who lost their lives in the incident were South Africans.

Iyanya reacts to MTV Top 20 best Naija songs list

Where's Kukere? I think Kukure is one of the best songs produced in Nigeria in the last 10 years and should have been on this list...

ConnectGH

Search This Blog