Global real estate investor, developer and property manager Hines has acquired Film House, in the West End of London, on behalf of its Hines European Value Fund 3 (HEVF 3). Financial details were not disclosed. Film House is a landmark building with 94,000 ft2 (8,730 m2) of office and 9,000 ft2 of restaurant space in Wardour Street and marks HEVF 3’s third investment. Situated within London’s Soho area, the vacant office building will be refurbished by Hines to comprise high quality workspace with embedded ESG credentials and public transport connectivity including the Elizabeth Line.
Built in the late 1920s, Film House is known for its cinematic ties and was Nike’s former London headquarters.
Source: https://propertyeu.info/Nieuws/Hines-acquires-West-End-office-with-ground-floor-F-B-in-London/94d9085b-f700-42c8-b24a-0149b66c4969, on 06.07.2023