London real estate firm acquires Holborn Central

Real estate investment firm Aprirose has completed its acquisition of Holborn Central from Transport for London (TfL).

Being located directly above Holborn Central tube station, the real estate company are confident that the site, comprising 68,373 sq ft of multi-let offices and retail units, will attract a range of businesses seeking accessible space in a central location.

Meenal Devani, chief investment officer at Aprirose, explained: “Holborn Central is in a prime location that attracts a diverse range of occupiers including from the TMT, financial and legal sectors.

“We are excited about working with TfL to realise the potential inherent in this property and location. We continue to be an active investor in value adding and opportunistic real estate in Central London close to infrastructure and transport hubs.”

As part of the deal TfL will continue to generate ongoing revenue from the tube station, with the aim of reinvesting in the transport network.

Graeme Craig, director of commercial development at TfL, added: “It is great to have concluded this transaction with Aprirose, who share our desire to enhance this superb location in Central London.”