sanctions
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Sanctions hit 14 Cornhill landlord
The Libyan owner of the City block is not able to take rent from Russia’s second-largest lender
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French have tough time seizing oligarchs’ villas
Properties valued at €540m have been frozen by the French state, but seizing them is proving harder
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Firms ask: Should we pay rent to sanctioned oligarchs?
“Contractual obligations don’t necessarily evaporate because of sanctions”
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More added to UK sanctions list
Property assets owned by Alisher Usmanov and Igor Shuvalov have been frozen and could be seized
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Planned assault on Russian-owned property already skewing market
Agents say greater transparency and sanctions will also deter other overseas buyers