London-based global real estate investor and manager SFO has acquired a rare freehold interest for the redevelopment of a prime office building in the heart of Mayfair, London.
The property is located on Farm Street in Mayfair adjacent to the world renowned Berkeley Square, one of the most prestigious office locations in the world, home to the elite finance community and featuring London’s finest retailers, restaurants and hotels.
The redevelopment plan consists of transforming the current property into a modern grade A office building which will be designed by internationally acclaimed PLP Architecture.
SFO said the newly developed site will be ideal to accommodate a single or multiple tenants, offering a unique and flexible workspace featuring state of the art amenities while preserving the Mayfair heritage.
“We are excited to have acquired this rare and fantastic scheme in Mayfair, which illustrates our focus on prime commercial assets in superior and well established locations in Europe. With an expected 24 to 36 months to delivery, the asset will be ideally positioned to capture post-Brexit and COVID-19 pent-up demand,” said Mohamad Abouchalbak, CEO of SFO.