Global Holdings Group has acquired the Frith + Bateman building in London’s Soho for an undisclosed price.
Global Holdings Management Group, which develops and manages the real estate assets of Global Holdings Group, will now look to reposition the office and retail space, refurbishing the building to modern standards with new amenities.
Josh Lawrence, chief executive of Global Holdings Management Group UK, said: “We are delighted to have completed the acquisition of another attractive mixed-use building in Soho. We are long-term investors in Soho because it is well-connected to public transport, and it is a fun place for people to work: where else do you have such a huge variety of quick lunch options alongside an abundance of bars and restaurants to go out with friends and colleagues after work?”
“It is clear that there is a real shortage of high-quality workspace in Soho. We will move quickly to use our in-house design studio and asset management team to turn Frith + Bateman into must-have office and retail space.”
