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Real Estate

Sanjeev Gupta family takes £24 million mansion loan

The family of metals entrepreneur Sanjeev Gupta has taken a £24 million bridging loan secured against a Belgravia mansion, according to the Financial Times feed. The short-term mortgage comes as Gupta’s business interests remain under pressure. The available blurb does not identify the lender, interest rate or repayment date.

Why it matters

The loan offers a new indication of financing pressure around the Gupta family’s assets.

Sources

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