Tuesday, 5 May 2026
HIH Invest Real Estate has acquired the office and retail property at 67–73 Chancery Lane in London for a special fund from a private foundation. The purchase price was not disclosed.
The asset, located in Midtown between the West End and the City of London, provides approximately 7,230 sq m of total lettable space. This includes around 5,325 sq m of office space, 1,436 sq m of retail space and 469 sq m of residential space. The building was redeveloped behind partly retained historic façades, completed in 2008 and comprehensively refurbished in 2024. The leasehold has a remaining term of approximately 175 years.
The office space is fully let to WSP UK, which occupies the building as its UK headquarters. The lease runs until 2039, with extension options. The retail component comprises seven units across the ground floor and part of the basement, while the residential element consists of nine units; both are fully let.
The property benefits from proximity to transport connections, including Chancery Lane Underground station, Holborn Underground station and Farringdon station.
Matthias Brodeßer, Head of Transaction Management Office International at HIH Invest, said: “The acquisition is being made counter-cyclically in a market phase where falling prices are creating attractive entry opportunities. In addition to the high quality of the location and the asset, the significant rental growth potential of the property was a key factor for us.”
Martin Payne, Managing Director UK at HIH Invest, added: “The transaction underlines the strength of our local network in a highly competitive market such as London. Through our long-standing relationships and continuous market presence on the ground, we were able to secure early access to this core Midtown asset. In an environment of limited product availability, robust deal sourcing is critical to identifying and executing attractive opportunities for our investors.”
Legal due diligence was carried out by Osborne Clarke, tax advisory by KPMG, and technical and ESG due diligence by Cushman & Wakefield. The seller was advised by Boodle Hatfield and Knight Frank.
