London's new largest landlord

This week Property Week reported on the recent purchase by little known property investor Brett Palos of a £400m portfolios comprising of 21 apartment blocks from Lloyds Banking Group.

At a stroke it makes Palos and his Residential Land Holdings one of the largest residential landlords in London. Palos now owns a residential portfolio stretching from Pimlico to St John’s Wood and comprising of 538 flats with a total floor residential floor space of 352,044 sq ft,

Should we be surprised? May be not Palos has had a pretty good mentor. He is the stepson of one of the UK's most successful retail entrepreneurs Philip Green.

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