SII CEO Adar Poonawalla Buys The Most Expensive Property In London
SII CEO Adar Poonawalla Buys The Most Expensive Property In London
London: Adar Poonawalla, the CEO of the Serum Institute of India (SII), has made a significant foray into the world of luxury real estate with the purchase of the Mayfair Mansion on Hill Street in London. This high-profile acquisition has raised eyebrows, not just for its opulence but also for the substantial price tag attached to it—reportedly around 14 million euros, making it one of the most expensive residential properties acquired in 2023.
Situated in the prestigious Mayfair district, the Mayfair Mansion is a historic gem, dating back to 1920, and spans an impressive 25,000 square feet. Poonawalla secured this extravagant property through Serum Life Sciences, SII’s UK-based subsidiary. The deal also included a guest house and the charming secret garden of Mayfair. Notably, the mansion ranks as the second-most expensive property in London, with the Rutland Gate Mansion topping the charts after being purchased for a whopping 21 million euros by a Saudi Arabian businessman in 2020.
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