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Reuben Brothers has continued its impressive spending spree in London with the purchase of Glen House in South Kensington.
The building, located at 125-133 Old Brompton Road, currently houses a Ferrari showroom on the ground floor and also has planning permission already in place for luxury offices and residential units in the upper floors. As part of the move, Reuben Brothers has also purchased 1 and 3 Eagle Place – sitting directly behind Glen house, these provide two additional luxury private residences.
The deal is the next in a succession of significant acquisitions for the firm, which has purchased prestigious sites in the West End, Mayfair, and Little Venice this year alone, as well as Burlington Arcade for £300 million in May.
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.