Country for PR: United States
Contributor: PR Newswire New York
Tuesday, March 15 2022 - 19:30
AsiaNet
Warwick Completes Belgravia Ensemble with Acquisition of the Mozart Portfolio
LONDON, Mar. 15, 2022 /PRNewswire-AsiaNet/--

Warwick Investment Group has completed its largest deal to date with the 
acquisition of 25 apartments across 5 unbroken freeholds across Ebury Street in 
Belgravia.

Photo - https://mma.prnewswire.com/media/1763400/WIG_Ebury_Street.jpg 

The location is rich with history as Ebury Street was once home to composer 
Wolfgang Amadeus Mozart as well as to James Bond creator, Ian Fleming.

The diversified portfolio, aptly named the Mozart Portfolio, comprises an 
attractive mix of units with significant value enhancement potential through 
refurbishment and extensions of the existing accommodation. 

Defined by Georgian buildings and an excellent neighbourhood retail offering, 
the Mozart portfolio comprises a mix of apartment sizes and provides a range of 
options for existing and future tenants. 

The purchase is in line with Warwick's strategy to acquire freehold investments 
with value-add potential and is a strong complement to Warwick's existing 
ownership of nine freehold houses nearby in a gated mews on St Barnabas Street 
in Belgravia. 

Since completion of the purchase, Warwick has increased occupancy, improved 
rents and has commenced design work to optimize the units for long term 
repositioning. 

Andrew J. Chrysostomou, UK Senior Managing Director:

This purchase completes a hat-trick of deals for us in the last six months. We 
continue to proactively consolidate assets across central London, with the goal 
of becoming a top 10 private landlord in the capital.

Kate Richard, Founder and CEO:

The Mozart Portfolio is a "once in a generation" acquisition which supports our 
strategy of building an outstanding portfolio of high quality multi-family and 
single-family properties in Central London. We now own 14 buildings in 
Belgravia making us a committed long term investor in the neighbourhood.

SOURCE:  Warwick Investment Group

CONTACT: Clayton Dude, cad@warwickinvestmentgroup.com
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