Private equity real estate fund manager Queensgate Investments has exchanged contracts to acquire Executive Offices Group, a central London serviced office business.
Executive Offices Group has provided office accommodation to businesses for over 20 years and represents a combination of high-quality central London real estate with an established operational company.
The group, which is being sold by Morgan Stanley Real Estate, controls 28 high-quality serviced offices, totalling approximately 513,700 sq ft in Mayfair, Belgravia and the City of London. Key assets include 33 St James’s Square, SW1, 78-79 Pall Mall, SW1, 53 Davies Street, W1, 84 Brook Street, W1, 2 Eaton Gate, SW1, Hudson House, WC2, Central Court, WC2, and 1 Cornhill, EC3.
The group owns many of the properties, leases others and partners with some of the UK’s most influential landlords on long-term contracts.
