{"id":23494,"date":"2025-01-14T04:35:52","date_gmt":"2025-01-14T04:35:52","guid":{"rendered":"https:\/\/hec.capital\/?p=23494"},"modified":"2025-06-23T05:21:14","modified_gmt":"2025-06-23T05:21:14","slug":"wardour-street-press-release","status":"publish","type":"post","link":"https:\/\/hec.sg\/index.php\/wardour-street-press-release\/","title":{"rendered":"Wardour St"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"23494\" class=\"elementor elementor-23494\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-56740cf e-flex e-con-boxed sc_layouts_column_icons_position_left e-con e-parent\" data-id=\"56740cf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-842d4ca elementor-widget elementor-widget-text-editor\" data-id=\"842d4ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>London&#8217;s 147-155 Wardour Street is a prominent six-storey mixed-use building located in London&#8217;s vibrant Soho district. The property encompasses approximately 27,123 square feet (2,500 square meters) of office and retail space.<\/p><p>HEC raised a Real Estate fund to specifically invest in core London Real Estate. The Wardour St property investment commences a $200m fund focused on core+ locations with prime returns.<\/p><p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-23080 size-full\" src=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-scaled.jpg\" alt=\"\" width=\"2560\" height=\"1920\" srcset=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-scaled.jpg 2560w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-300x225.jpg 300w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-1024x768.jpg 1024w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-768x576.jpg 768w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-1536x1152.jpg 1536w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-2048x1536.jpg 2048w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-370x278.jpg 370w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-840x630.jpg 840w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-410x308.jpg 410w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240517_094322-600x450.jpg 600w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/p><p>Some recent press on the acquisition is below. Get in touch, to hear more about the deal.<\/p><div><a href=\"https:\/\/www.mingtiandi.com\/real-estate\/outbound-investment\/singapores-hecapital-buys-147-155-wardour-st-in-london\/\" target=\"_blank\" rel=\"noopener\">Mingtiandi<\/a><\/div><p>The building was previously owned by Hong Kong investor Lai Wing-To, who had included it as part of his &#8220;Trinity Portfolio&#8221; of West End properties. The property is fully occupied, generating an annual rent of approximately \u00a32 million.<\/p><p>Strategically situated within walking distance of key Underground stations\u2014Tottenham Court Road, Oxford Circus, Piccadilly Circus, and Leicester Square\u2014the property offers excellent connectivity. Its prime location in Soho, combined with its fully leased status, underscores its appeal to both investors and tenants seeking high-quality office and retail spaces in one of London&#8217;s most sought-after areas.<\/p><blockquote><p>\u201cThis acquisition is the first of our active investment for London, where we see substantial ongoing opportunities, our investment strategy targets London initially, where pricing has rebased quickly. Our investments will then expand to other cities gateway cities.\u201d<\/p><p><!-- \/wp:paragraph --><cite>Darren Hawkins<\/cite><\/p><\/blockquote><p><!-- \/wp:quote --><!-- wp:spacer {\"height\":\"20px\",\"className\":\"extra-spacer-small-mobile\"} --><\/p><p><a href=\"https:\/\/greenstreetnews.com\/article\/singaporean-investment-manager-raises-fund-for-200m-london-spree\/\">Green Street<\/a><br \/>Singaporean investment manager raises fund for \u00a3200m London spree<\/p><div><a href=\"https:\/\/realassets.ipe.com\/propertyeu\/singaporean-firm-acquires-wardour-street-office-in-market-debut\/10091935.article\" target=\"_blank\" rel=\"noopener\">IPE Real Assets<\/a><\/div><p>In August 2024, Singapore-based investment manager HE Capital acquired the building for around \u00a335 million, reflecting a net initial yield close to 6%.<\/p><div><a href=\"https:\/\/www.realestate.bnpparibas.co.uk\/he-capital-acquires-sohos-147-155-wardour-street-market-debut\" target=\"_blank\" rel=\"noopener\">BNP Paribas Real Estate<\/a><\/div><p>This transaction marked HEC&#8217;s inaugural investment for its \u00a3200 million London-focused fund, which aims to capitalize on opportunities in major economic hubs.<\/p><p><!-- \/wp:paragraph --><!-- wp:columns --><\/p><div><p><!-- wp:column --><\/p><div><p><!-- wp:image {\"id\":21861,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} --><\/p><figure><p><span style=\"font-family: var(--theme-font-p_font-family); letter-spacing: var(--theme-font-p_letter-spacing);\">by <\/span><a style=\"font-family: var(--theme-font-p_font-family); letter-spacing: var(--theme-font-p_letter-spacing);\" href=\"https:\/\/hec.sg\/index.php\/about-us\/\">Darren Hawkins<\/a><\/p><img decoding=\"async\" class=\"alignnone wp-image-23082 size-large\" src=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-1024x768.jpg\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-1024x768.jpg 1024w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-300x225.jpg 300w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-768x576.jpg 768w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-1536x1152.jpg 1536w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-2048x1536.jpg 2048w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-370x278.jpg 370w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-840x630.jpg 840w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-410x308.jpg 410w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100502-600x450.jpg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div><\/div><div aria-hidden=\"true\">\u00a0<\/div><div aria-hidden=\"true\"><img decoding=\"async\" class=\"alignnone wp-image-23083 size-large\" src=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-768x1024.jpg\" alt=\"\" width=\"768\" height=\"1024\" srcset=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-768x1024.jpg 768w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-225x300.jpg 225w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-1152x1536.jpg 1152w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-1536x2048.jpg 1536w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-370x493.jpg 370w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-840x1120.jpg 840w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-410x547.jpg 410w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-600x800.jpg 600w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_100645-scaled.jpg 1920w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div><div aria-hidden=\"true\">\u00a0<\/div><div aria-hidden=\"true\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23081 size-large\" style=\"letter-spacing: var(--theme-font-p_letter-spacing);\" src=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-1024x949.jpg\" alt=\"\" width=\"1024\" height=\"949\" srcset=\"https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-1024x949.jpg 1024w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-300x278.jpg 300w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-768x711.jpg 768w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-1536x1423.jpg 1536w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-2048x1897.jpg 2048w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-370x343.jpg 370w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-840x778.jpg 840w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-410x380.jpg 410w, https:\/\/hec.sg\/wp-content\/uploads\/2025\/01\/20240516_111522b-600x556.jpg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/div><figure><p>\u00a0<\/p><\/figure>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>London&#8217;s 147-155 Wardour Street is a prominent six-storey mixed-use building located in London&#8217;s vibrant Soho&hellip;<\/p>\n","protected":false},"author":2,"featured_media":22900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[90],"tags":[193,196,192,198,195,197],"class_list":["post-23494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing","tag-finance","tag-funds","tag-investment","tag-london","tag-real-estate","tag-soho"],"_links":{"self":[{"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/posts\/23494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/comments?post=23494"}],"version-history":[{"count":10,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/posts\/23494\/revisions"}],"predecessor-version":[{"id":23512,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/posts\/23494\/revisions\/23512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/media\/22900"}],"wp:attachment":[{"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/media?parent=23494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/categories?post=23494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hec.sg\/index.php\/wp-json\/wp\/v2\/tags?post=23494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}