Blackstone has agreed to fully lease a new 226,000 sq ft 10 floor building on the site currently occupied by Lansdowne House on Berkeley Square, for its new European HQ.
Developer CO—RE, and Stirling Prize-winning architect AHMM are delivering the new Lansdowne House, with construction slated to complete by 2028.
Stephen A Schwarzman, chairman, CEO and co-founder of Blackstone, said: “It is a source of great pride that Blackstone has been one of the largest foreign investors into the UK since we moved to Berkeley Square over 20 years ago. I am delighted to announce our plans to stay on the square and occupy the redeveloped Lansdowne House, providing our people with the platform to continue investing in the industries of the future and building great companies across Europe.”
Bradley Baker, CEO of CO—RE, added: “This is a real boost for London’s commercial property market and an important endorsement for UK plc. It proves that our city remains an attractive destination for the world’s biggest businesses so long as we can continue to provide them with the very best places to work.
“Occupying the entire southern end of one of London’s most famous garden squares, the redeveloped Lansdowne House will represent the future of the office by meeting the highest possible design and sustainability standards. We’re very proud that Blackstone will make it their new home.”
