Addison Lee taxi founder takes near 50% hit on London mansion sale

The National ·
United Arab Emirates

The founder of London taxi company Addison Lee has sold a mansion overlooking London’s Regent’s Park for little more than half the price he paid 13 years ago, as prime London property sales dry up. John Griffin, who sold his business to the Carlyle Group for about £300 million ($464 million) in 2013, offloaded the property on the park’s western perimeter for £11.5 million at the beginning of…

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