The Howard de Walden Estate (HdWE) has announced it has completed a series of strategic acquisitions in the first four months of the year, underscoring its continued confidence in the area, alongside a programme of targeted disposals and developments.
The business has acquired the long leaseholds for three properties with development, for a combined c£50 million in the Harley Street Health District, further strengthening its control in London’s most established healthcare hub.
The acquisitions include a blend of healthcare, office and residential opportunities, that are earmarked to complement existing facilities through active asset management. This supports HdWE’s strategic objective for the Harley Street Health District to be a world leading location for healthcare.
The acquisitions include:
- Long leasehold of 85 Harley Street and 18 Wimpole Mews, 893 years unexpired comprising 8,225 sq ft
- Long leasehold of 37 Wimpole Street and 13-15 Wimpole Mews with 37 years unexpired and comprising 18,638 sq ft
- 75 year long leasehold of 64 Wimpole Street comprising 22,261 sq ft
In addition, HdWE completed disposals totalling £45 million in recent months, as part of its ongoing strategy to recycle capital to reinvest into new developments with strong long‑term growth and rental potential.
This approach reflects HdWE’s disciplined and considered approach to its portfolio, with the business assessing a wide range of acquisition and disposal options to ensure capital is deployed where it can deliver the greatest impact.
David McArthur, Head of Investment at The Howard de Walden Estate commented:
“These strategic acquisitions complement the enduring strength of our well‑located healthcare and mixed‑use assets across Harley Street Health District and Marylebone Village. Our long-term approach means we are committed to acquiring quality assets where we see clear value‑add potential and scope for future growth.
“At the same time, our disposal programme allows us to recycle capital from non‑core assets and optimise the portfolio to maintain a strong balance sheet, with minimal borrowing. This is part of our ongoing approach of managing the estate as a dynamic, modern portfolio , while also taking advantage of our areas of sector expertise.”
