Christian Candy, the property tycoon, has reportedly sold his "Candyland" luxury estate in one of the biggest housing deals of the year.
The estate just west of London was sold for roughly £125mln, the Financial Times reported, citing people briefed on the transaction.
Candy bought the main property on his Surrey estate, Cheval Manor, in 2015 for £29mln and then expanded it by buying neighbouring plots and properties.
He had invested millions in the estate, dubbed "Candyland", and had reportedly been looking to sell for at least three years, with the hope of receiving £140mln.
The person with insider information on the deal told the FT that the eventual buyer was from the Middle East.
“There are less than a handful [of £100mn-plus sales a year],” Roarie Scarisbrick, a buying agent at Property Vision, told the newspaper.
“It’s spoken about as a market, but it’s not: it’s a series of anomalies.”
Christian Candy and his brother Nick Candy made their names selling expensive apartments in London to the super-wealthy in the years after the 2008 financial crisis.