Suneil Setiya identified as buyer of historic London property

Suneil Setiya, co-founder of the London-based investment firm Quadrature Capital, has been identified as the buyer of the historic Providence House. The property, located on an 8.1-acre plot within the Royal Hospital Chelsea, was purchased for 358 million dollars, setting a record for the United Kingdom. Built in the 1690s, the estate previously served as the residence of Britain's first Prime Minister, Robert Walpole, and was later used by hospital staff. Christian Candy purchased the estate in 2012 for approximately 92 million dollars, followed by a transfer to Nick Candy in 2014. While the sale was initially considered the world's most expensive residential deal as of April 2026, it was soon surpassed by the sale of a property in Monaco to Rinat Akhmetov for 471 million euros, approximately 554 million dollars. Consequently, the London deal currently holds the title of the second most expensive private residence sale globally.