The Howard de Walden Estate (HdWE) has completed circa £50m of strategic acquisitions in the first four months of the year.
The business has acquired the long leaseholds of three properties in the Harley Street Health District, further strengthening its presence in London’s healthcare hub.
The estate has purchased the 8,225 sq ft 85 Harley Street and 18 Wimpole Mews, the 18,638 sq ft 37 Wimpole Street and 13-15 Wimpole Mews and the 22,261 sq ft 64 Wimpole Street.
In addition, HdWE has completed disposals totalling £45m in recent months, as part of its ongoing strategy to recycle capital to reinvest into new developments with strong long‑term growth and rental potential.
David McArthur, head of investment at Howard de Walden Estate, said: “These strategic acquisitions complement the enduring strength of our well‑located healthcare and mixed‑use assets across Harley Street Health District and Marylebone Village. Our long-term approach means we are committed to acquiring quality assets where we see clear value‑add potential and scope for future growth.
“At the same time, our disposal programme allows us to recycle capital from non‑core assets and optimise the portfolio to maintain a strong balance sheet, with minimal borrowing. This is part of our ongoing approach of managing the estate as a dynamic, modern portfolio, while also taking advantage of our areas of sector expertise.”
