St George Wharf: London’s empty tower

Huge areas of London’s tallest residential tower, St George Wharf, stand empty because their wealthy owners live elsewhere, says Natalie Stanton.

16-6-6-Vauxhall-1200

The oligarchs' home in London

Huge areas of London's tallest residential tower stand empty because their wealthy owners live elsewhere, according to an investigation by The Guardian. At present, more than 130 of the 214 apartments sold in the 50-storey St George Wharf Tower in Vauxhall are believed to be owned by overseas investors. Many appear to be used for only a few weeks a year.

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Natalie joined MoneyWeek in March 2015. Prior to that she worked as a reporter for The Lawyer, and a researcher/writer for legal careers publication the Chambers Student Guide. 

She has an undergraduate degree in Politics with Media from the University of East Anglia, and a Master’s degree in International Conflict Studies from King’s College, London.