Dominvs Group, the real estate investment, development and asset management company, has purchased the freehold investment of an office property at 233/237 Old Marylebone Road, London NW1 from a private investor.
The building is arranged over 7 floors and offers a net floor area of over 20,000 sq ft. Currently the property is let until December 2017.
Preet Ahluwalia, Director for Dominvs Group, said: “This transaction represents a further step in the ongoing expansion of our portfolio of central London offices.
“The property has great potential for growth through proactive asset management and forms part of our wider strategy to expand our investment portfolio and development pipeline across the UK.”
The property is situated almost equidistant from Paddington and Marylebone railways stations and the tube stations at Edgware Road, Baker Street and Marble Arch.
About Dominvs Group
Dominvs Group is a hotels, real estate and private equity family owned business with a focus on active asset management and value accretive opportunities. Its portfolios are organised around three core sub sectors: residential; commercial and; hospitality, each enjoying dedicated management, risk and reward dynamics and growth objects.
The group is made up of industry professionals who together aim to drive extra-ordinary returns for the shareholders.
Dominvs is one of the fastest growing and responsive asset management platforms in the UK with a growth trajectory of circa 30% and their aim is to become one of the most relevant platforms in the UK. They have surpassed the £450M AUM threshold and their portfolio continues to outperform national and regional indexes, with them regularly exceeding the competitive set benchmark.