B&M big wig Bobby Arora sells London pad for 30 per cent loss

City AM

B&M big wig Bobby Arora sells London pad for 30 per cent loss

British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss.  Bobby Arora sold his flashy pad between Hyde Park and Buckingham Palace for £23.4m – significantly below the £34m he forked out a decade ago, according to a report at Bloomberg. Aurora’s case is not isolated.  The outlet also reported a South African developer sold a housing site in Kensington for £80m at the end of year, a £30m …