Aprirose, the real estate investment company, has sold Holborn Central, the prime office and retail asset above Holborn Underground Station, to Eido Hagag (owner of listed company Hagag Group) for £52m.
Holborn Central is an island site in the heart of London’s Midtown. It sits above Holborn Underground Station and on the junction of High Holborn and Kingsway, comprising a total of 67,707 sq ft of predominantly office space, with some retail let to tenants such as Vodafone and Crispy Kreme.
Eido Hagag said: “Hagag Group, one of Israel’s leading property developers has purchased this amazing island site in a great location with the purpose to develop something outstanding, something unforgettable and we will be starting work immediately.’’
This is Hagag’s second Midtown acquisition following on from 1 Fetter Lane EC4.
Knight Frank acted for Aprirose, Eido Hagag was advised by Richard Susskind
Size: 67,707 Sq Ft
Price: £52m
Tenure: Long Leasehold