The Business Times: Vatican Weighs Sale of London Office at Heart of Financial Scandal

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The Vatican authorities have invited brokers to pitch for options that include the potential sale of 60 Sloane Avenue in Chelsea, say sources. The building is said to be valued at about £200 million. PHOTO: REUTERS

By The Business Times, April 19, 2021

London – The Vatican is considering the sale of a luxury London building embroiled in a financial scandal that drew papal condemnation and a probe into those involved in its purchase seven years ago.

The authorities of the walled city-state within Rome have invited brokers to pitch for options that include the potential sale of 60 Sloane Avenue in Chelsea, people with knowledge of the process said.

The building is valued at about £200 million (S$369.1 million), they said, asking not to be identified because the process is private. …

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