Posted: October 20, 2021 at 3:17 am MDT|Update: 1 hour ago
LONDON, 20 October 2021 / PRNewswire / – Warwick Investment Group has acquired a gated private development of nine freehold homes in that of London Belgravia as part of its residential strategy of consolidating residential properties in the UK.
St Barnabas Mews is a solid complement to Warwick value-added strategy that focuses on creating spaces suitable for long-term rental, adapting properties to post-pandemic living with additional outdoor spaces that residents can enjoy year-round. These properties have prominent environmental ratings and Warwick is committed to making future investments to achieve the highest possible energy efficiency by the end of 2022.
St Barnabas Mews is one of three acquisitions Warwick recently agreed to buy, comprising 50 units in Mayfair and Belgravia. The company believes that it is now one of the largest private owners of Belgravia.
The development consists of nine freehold houses in a gated stable with underground parking in the heart of Belgravia developed in 2008.
Warwick will proactively manage homes under its own rental brand and plans to take advantage of ongoing renovation opportunities across the portfolio.
André Chrysostom, Senior Managing Director UK:
St Barnabas Mews benefits from outdoor space and secure underground parking as part of a private gated stable. Combined with its prime location within Belgravia and within walking distance of both Elisabeth Street and King’s Road, we believe these assets are well positioned to capture increased rental demand following the easing of travel restrictions and the gradual return to the office.
Kate richard, Founder and CEO:
St Barnabas Mews is a perfect addition to our portfolio for its size, location and potential improvements. The property is exactly what we are looking to consolidate in our UK residential platform. We are excited to add this freehold portfolio, which has not been traded for over 300 years, to our multi-family platform as we consolidate the real estate product in the center London under our residential rental brand.
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SOURCE Warwick Investment Group
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