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Thor Equities acquires 147-155 Wardour Street in London for €50.5 million

Thor Equities has closed on the acquisition of 147-155 Wardour Street in Soho for €50.5 million (£43 million). Thor plans to refurbish the 25,365-square-foot, six-story mixed use property, including redecorate the existing façade on Wardour Street. Retail tenants in the building are Hummingbird Bakery, L'ETO Caffe, and contemporary art gallery Unit London. Office tenants include First Point Group, the corporate office of Hakkasan, and games developer Mediatonic.
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„147-155 Wardour Street is ideally situated in a prime area of the burgeoning Soho neighborhood, surrounded by popular restaurants, cafés and galleries as well as a number of trendy retail stores,“ said Joseph Sitt, CEO of Thor Equities.

A number of high-end restaurants have opened in the area including Social Eating House, HIX Soho and The Ivy Soho Brasserie, along with retailers such as Agent Provocateur, APC and Supreme. The location also benefits from its proximity to Oxford Street as well as the new Tottenham Court Road station of Crossrail, Europe’s largest infrastructure project opening in 2018.