Holborn Central, 88 Kingsway WC2.

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