London Investment Properties Track Record

28 St George Street, W1

June 1, 2022

VALUE
£62,450,000 / £2,740 per sq ft 

AREA
22,796 sq ft

TRANSACTION DATE
June 2022

PURCHASER
Lazari 

VENDOR
Wolfe Property Services Ltd

CBRE’S ROLE
Acquisition

DESCRIPTION
CBRE advised the Lazari family on the acquisition of this prime Mayfair refurbishment opportunity. The property was discreetly marketed and CBRE was able to successfully able to secure the asset for our client ahead of the competition.

The property has been occupied by Providence Equity as their HQ since it was completed in 2007. Once the tenant vacates in 2023, this will provide Lazari the opportunity to reposition the building and deliver a best-in-class scheme.

Charles Howard, Head of Portfolio at Lazari said “We have great confidence in the West End office market and so 28 St George Street was a natural fit for us – a prominent corner building with good bones, adjacent to the newly completed Hanover Square and the benefits of Crossrail.”

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