British Land sells Soho office building to Amazon Property

Posted on by Offices.org.uk

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BRITISH Land has announced the sale of a 20,500 sq ft building in Soho to Amazon Property for £26 million.

The multi let property at 52 Poland Street, known as Swan House, has a restaurant and bar at ground level with seven storeys of office space above.

Tim Roberts, Head of Offices, British Land said: “The expiry profile at 52 Poland Street means there is potential for vacant possession of upper parts in June 2015. The site attracted very strong interest, reflecting the strength and depth of the WE investment market. It is an opportune time to sell and focus on projects elsewhere in our portfolio.”

Chris Lanitis, Partner, Amazon Property said: “This is a strategic acquisition to add to our growing portfolio in an area where we see considerable growth prospects.”

Amazon Property’s portfolio now features properties from across central London including locations such as City of London, Soho, Maryelebone, Mayfair, Notting Hill

Elsewhere on offices.org.uk: find office space in Soho

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