Trevor Abrahmsohn - Spear's Magazine

Trevor Abrahmsohn

Glentree International

The Spear's 500
Company Size

Top Ten London Selling

From prime property to politics, Glentree’s Trevor Abrahmsohn can always be relied on to tell it like it is. Compared to some of his peers, he is unusually optimistic: ‘Over the past 18 months we have sold some £381million of residential property and at least 50 per cent is to foreign nationals, who want to buy a piece of English heritage in the “greatest city on earth”.’ He adds that London buyers can enjoy a ‘currency discount of 15 per cent’ in addition to prices falling by 25 per cent from the ‘halcyon days of 2014’. ‘If this isn’t nirvana, what is?’ he asks. Ever a bold and buoyant voice along ‘Billionaires’ Row’ in East Finchley, Abrahmsohn has four decades of experience selling properties around the £100 million mark to the likes of Lakshmi Mittal, Simon Cowell and Ringo Starr. However, he tells Spear’s that prime London still risks falling into a coma created in part by former chancellor George Osborne. ‘If you’re living in a £3 million house in London you’re not wealthy, you’re probably a middle-class to upper-middleclass person trying to make your way in life. You want to move upwards, but are now looking at over £1 million in taxes – around 20 per cent of your purchase price. That makes anyone think, “Is this worth the effort?”’