Zakay family office invests £165M in real estate project in London

Zakay family office invests GBP165M in real estate development in London

Topland, the UK family office of the brothers Sol and Eddie Zakay, announced to invest £165M in an office redevelopment project in the City of London.

Development of office space at Farringdon station

The project called Verdant is a redevelopment project on Bartholomew Place 3-4 and 150 Aldersgate Street. It aims to offer 135,000 sqft office space. The project can be reached through the new Elizabeth Line at Farringdon station. The project offers green roofs as well as external courtyards. Another essential element of the building is a low carbon footprint, by using 80 percent of the existing building structure as well as biophilic design.

Zakay family office: Topland

The Zakay family office Topland Group calls itself “one of UK’S largest privately owned investment groups”. The family office is active in the areas commercial & residential investments, joint ventures, asset management, hotels, healthcare and other ventures. The business was launched in the 1980s with an initial focus on sale and leaseback deals, e.g. with Marks & Spencer. The net worth of the Zakay brothers is estimated to be over GBP3BN.

Picture source: Joao Barbosa
Source: Bdaily, 17.08.2022

This article directly stems from the research process for our European single family office database. Our list of UK single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables.

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