The Crown Estate secures headlease for 100 Regent Street for €109m

The Crown Estate has expanded its West End holdings by purchasing the headlease of 100 Regent Street for £95 mln (€108.8 mln). The Crown Estate has secured the headlease for the Grade II-listed building at 100 Regent Street, London, UK.

100 Regent Street

The deal will provide its joint venture with Norges Bank Investment Management (NBIM) full control of the Grade II-listed property with over 4,924 m2 of prime retail and office space.
The seller was a vehicle managed by Federated Hermes Real Estate, jointly owned by a Federated Hermes client and the Canada Pension Plan Investment Board (CPP Investments).
This acquisition allows The Crown Estate to implement its long-term strategy for Regent Street, which includes upgrading the offices, refining the retail selection, and improving the building's environmental sustainability.
Dominic Packwood, investment manager at The Crown Estate, said: “This important acquisition marks a key step in delivering our long-term vision for Regent Street and the wider West End. Direct ownership of 100 Regent Street will help us to realise our ambitious plans across our portfolio, including the delivery of our development pipeline and public realm investment, alongside our wider goal to create a vibrant, inclusive and sustainable West End.”
Savills represented The Crown Estate in the transaction.