Overseas investors snap up Mayfair offices

Nightingale House, Mayfair, has been sold to a private overseas investor through international property firm DTZ.

The office building, situated on Curzon Street, is comprised of multi-let offices totalling 40,250 sq ft and has planning permission for a residential-led development to create 32 private residential apartments, parking, and retail and restaurant space.

Eugene O’Sullivan, Director at tenant acquisition specialists Morgan Pryce, says: “The sale shows the strength of the London market post Brexit. The recent acquisition from a foreign investor shows that there is still overseas appetite in London commercial properties.

“London remains home to some of the highest rents in the world, both in commercial and residential markets, and as such it will always be an attractive option for overseas investors.”

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.