Canada sells its diplomatic premises on Grosvenor square, London (UK)

The Canadian High Commission has announced the next step in its plans to consolidate its diplomatic activity in the UK in a single, central location in historic Canada House on Trafalgar Square. As part of these plans, its diplomatic premises on Grosvenor Square in Mayfair will be sold.

The Government of Canada received a strong response to its publicly advertised request for proposals for broker services. The international real estate advisor Savills was selected and awarded the contract.

“The Canada House project has entered an important phase,” said High Commissioner Gordon Campbell. “We have had exceptional interest in the property at 1 Grosvenor Square but an international firm like Savills will extend our reach to interested parties all over the world and help maximize the value of our building in Mayfair for the benefit of Canadians.”

Mark Ridley, CEO of Savills UK said “Savills is delighted to have been selected by Canada to bring this important property to the market. Given its prominent location at 1 Grosvenor Square, we anticipate a very high level of interest.”

Tim Whitmey, Director in Savills Development team said: “This is without doubt one of the finest addresses in central London. We expect interest from all over the world, with both the hotel and residential sectors vying for this prime Mayfair destination.”

Source: Savills

Related News