Hines acquires Prime West End asset in London

Hines has acquired the 103,000-square-foot, Film House, in the West End of London, on behalf of its Hines European Value Fund 3 (HEVF 3).

Film House is a landmark building with 94,000 square feet of office and 9,000 square feet of restaurant space in Wardour Street and marks HEVF 3’s third investment. Situated in the heart of London’s Soho area, the vacant office building will be refurbished by Hines to comprise high quality workspace with embedded ESG credentials and excellent public transport connectivity, including the Elizabeth Line. Built in the late 1920s, Film House is known for its cinematic ties and was Nike’s former London headquarters.

HEVF 3’s objective is to acquire a value-add portfolio diversified in all major real estate sectors across primary European markets. A key emphasis of the fund series