Russian billionaire acquires Southwark ballet school accommodation for £61 million – London

Russian billionaire Mikhail Fridman has bought a Southwark student accommodation block for £61 million.

Investment vehicle LetterOne Treasury Services, which is backed by Friedman, has made its debut in the UK student property market with the purchase of Paris Gardens from McLaren Property.

The 253-bed property is also home to the Central School of Ballet …

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