PR92474

LONDON, Oct. 21, 2021 /PRNewswire=KYODO JBN/ --

Warwick Investment Group has acquired a private gated development of nine

freehold houses in London's Belgravia as part of its residential strategy to

consolidate residential properties in the UK.  

Logo - https://mma.prnewswire.com/media/897718/Warwick_Group_Logo.jpg

St Barnabas Mews is a strong complement to Warwick's value-add strategy which

is focused on creating spaces suitable for long-term rental, adapting

properties for post-pandemic living with additional outdoor areas for residents

to enjoy year-round.  These properties have top tier environmental ratings and

Warwick has committed to future capex to achieve the highest possible energy

efficiency by the end of 2022.

St Barnabas Mews is one of three acquisitions Warwick has recently agreed to

purchase, comprising 50 units in Mayfair and Belgravia. The firm believes they

are now one of the largest private landlords in Belgravia.

The development consists of nine freehold houses in a gated mews with

underground parking in the heart of Belgravia developed in 2008.

Warwick will pro-actively manage the houses under its own rental brand and

plans to take advantage of ongoing refurbishment opportunities across the

portfolio.

Andrew Chrysostomou, UK Senior Managing Director:

St Barnabas Mews benefits from outdoor space and secure underground parking

within the setting of a private gated mews. Combined with its prime location

within Belgravia and walking distance to both Elizabeth Street and the King's

Road, we believe that these assets are well positioned to capture the increase

in rental demand following the easing of travel restrictions and the phased

return to the office.

Kate Richard, Founder and CEO:

St Barnabas Mews is a perfect complement to our portfolio for its size,

location and potential enhancements. The property matches exactly what we are

seeking to consolidate in our UK residential platform.  We are thrilled to add

this freehold portfolio, which has not traded for over 300 years, to our

multifamily platform as we consolidate real estate product in central London

under our residential rental brand.

SOURCE Warwick Investment Group

CONTACT: Claire Packer, carp@warwickinvestmentgroup.com