54 - 57 Great Marlborough Street, Soho, London, W1

Quadrum acquired 54-57 Great Marlborough Street in April 2015. The site formed part of The Soho Works portfolio purchased from Henderson Global Investors, a portfolio consisting five office buildings with vacant possession, three of which were subsequently sold to a hotel investor/operator. Due to its prime location but unmodernised condition, the site presented as an opportunity with significant value-add potential.

Initially, Quadrum secured planning consent for change of use to residential on the upper floors, and retail and restaurant on ground and lower ground floors. The planning consent secured additional massing across the site, including two additional floors, which set a precedent for any potential future planning or development schemes.

In February 2018, planning consent was secured for a full demolition and redevelopment of the site into a 118 key hotel with retail, restaurant and bar area totalling 63,400 sq. ft. over two basement levels, ground and seven upper floors.

In November 2018, Quadrum sold this investment to an affiliate of the Reuben Brothers.