Global real estate investment, development and management firm, Hines has acquired the 103,000 sq ft, Film House, in London’s West End.
The landmark building in Wardour Street, Soho, was bought on behalf of Hines European Value Fund 3 (HEVF 3) and is its third investment.
The vacant office building will be refurbished by Hines as a quality workspace with embedded ESG credentials and excellent public transport connectivity including the Elizabeth Line. Built in the late 1920s, Film House is known for its cinematic ties and is Nike’s former London headquarters.
Jake Walsh, managing director at Hines UK, says “Our focus is continuing to deliver high-quality space in superb locations with first-class ESG credentials for occupiers. Film House is testament to this, we have secured the asset in one of the West End’s most sought-after locations against a backdrop of acute undersupply of Grade A next-generation office stock in Central London. Given this prized location with unparalleled transport links, it once again demonstrates our conviction in the central London office market for the right prime opportunities.”
