British pop star Robbie Williams has taken a major financial hit on his Geneva property.
The former Take That frontman, who bought a villa in Vandœuvres for CHF 29m in 2020, has sold it for just CHF 16m - a loss of 13 million, or 45% of his investment, according to the Land Registry.
Real estate experts say he overpaid during the post-Covid property boom and that costly renovations likely deterred buyers.
The house, bought at the height of the pandemic, had remained unsold for more than two years.
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