Investigators trace £1 billion Gaddafi assets in London

Colonel Gaddafi's British property portfolio, including a string of properties in prime locations in central London, could be worth up to £1 billion.

Prosecutors from the International Criminal Court are believed to have arrived in Britain to seize the dead Libyan dictator's many UK assets.

Members of the Libyan National Transitional Council have asked London-based estate agents and financial experts to help identify his British investments.

According to the Sunday Times, the Gaddafi family's portfolio includes Beaufort House, a £150 million office block in the City, and £155 million Portman House in Oxford Street.

The family also owns £18 million of apartments in south Kensington and the site of a £33 million private hospital in St John's Wood. Many of Gaddafi's UK assets have been frozen by the British Government, but the international court can take control of any property regarded as proceeds of crime.