Italian group to invest heavily in London’s West End property market - 20.07.2012
ROME-BASED investor Sorgente Group have announced plans to invest over £400m on prime property in London’s West End over the next two years in a move that looks set to drive up property prices and increase the desirability of investment in the district.
The group aim to add up to six further trophy assets to their burgeoning portfolio as a means to diversify pension fund investment back in Italy. The firm has already taken on the redevelopment of Queensbury House in W1, purchasing the 241,000 sq ft from Aviva Investors last month for a net yield of 4.8%.
In recognition of this move, Search Office Space has compiled a guide of the hottest serviced office property in the West End.
Hanover Square, Mayfair, W1S (Ref 9578)
This bespoke office space in London’s Hanover square is set in a classically refurbished Grade II listed property and boasts a touch of luxury that is rare in the 21st century work space. The building benefits from the green space outside, while it is only a short walk to the heart of Mayfair with its collection of up market boutiques, restaurants and bars.
Facilities at this serviced office space include access to quality conference suites and comfortable lounge areas, as well as 24 hour access through manned security and reception stations, catering facilities, air conditioning and a comprehensive IT and communications infrastructure. The space is spread across six floors and offers tenants the choice of open plan or smaller executive suites.
Marylebone, W1G (Ref 6363)
This stylish purpose built office space in Cavendish Square offers an inspirational backdrop to your business requirements, in the bustling tourist district of Marylebone. Instantly recognizable to those who know the locality, this property offers grandeur inside and out with a host of contemporary design features including the intricate atrium above reception and almost un-interrupted window space. This building also benefits from its proximity to the affluent district of Mayfair, with its array of exclusive boutiques, restaurants and bars.
Facilities in this serviced office space include access to executive conference suites and comfortable lounge suites, as well as kitchen services, presentation equipment, video conferencing, a comprehensive IT and communications infrastructure and 24 hour access through manned security and reception stations.
Farm Street, Mayfair, W1J (Ref 7035)
This characterful office space on London’s Farm Street is conveniently situated deep inside the affluent district of Mayfair with its wealth of shops, bars, restaurants, museums and theatres. Part of the property still bears the hallmarks of the neighbouring church building with a series of Gothic windows, while the interior has been carefully restored to provide the best of business property, without the loss of original features.
Facilities at this serviced office space include on site car parking, 24 hour access and manned security and reception stations. The property also benefits from a comprehensive IT and communications network while business suites are available to suit any capacity between 1-20 desks, making it ideal for businesses of all sizes.
Charles Street, Mayfair, W1J (Ref 864)
This elegant office space in London’s Charles Street offers a tranquil business centre right in the heart of the affluent district of Mayfair, London, with its wealth of up-market shops, restaurants, bars, museums and theatres. The exterior is striking for its classic early 20th century design, while inside sash windows and pale wood panelling both contribute to a bright and functional workspace with plenty of natural light.
Facilities in this serviced office space include kitchen and shower amenities, manned security and reception, and air conditioning. Office spaces are available to lease for any requirement between 1-20 desk spaces making it ideal for businesses of all sizes, while tenants will also be granted access to executive conference suites and a comprehensive IT and communications network.