PATRIZIA has opened the doors to its new international hub in London’s Covent Garden which will play a central role in driving the future growth of the company’s global investment platform. At the same time, the opening of PATRIZIA’s landmark office marks the kick-off of the international fundraising programme of the PATRIZIA Foundation, which has officially launched in the UK to expand its global impact in its 25th anniversary year.
Located on Endell Street, PATRIZIA’s new international hub is the group’s largest global office location outside of its Germany-based headquarters, providing clients with combined real estate and infrastructure investment solutions and its technology arm under one roof.
The London team manages a significant portion of PATRIZIA’s €57m of global assets under management and leads many of its discretionary investment strategies. The group’s London office oversees a diverse international real assets platform, spanning value-add and core real estate strategies as well as mid-market infrastructure equity and infrastructure debt funds.
Wolfgang Egger, Founder of PATRIZIA, said: “After nearly three years of thorough planning and designing, we are thrilled to open the doors to our new international hub in the heart of one of the world’s most influential cities for global capital. The PATRIZIA story is a 40-year journey of constant innovation and evolution to ensure we continue meeting the needs of our global clients. Today we are entering the next chapter of our development, as our new Endell Street office symbolises our successful transition into a truly global manager for smart real asset solutions. From day one, our vision was to create an ‘office of the future’ that embodies our independent mindset, our entrepreneurial spirit and our passion for making an impact. Endell Street is the realisation of this vision, bringing together PATRIZIA’s global investment platform and the PATRIZIA Foundation under one roof as an attractive multi-use destination for our employees and partners.”
PATRIZIA completed an extensive brown-to-green refurbishment of a former hospital turned private members' club in London. The project included a three-year development plan, major structural interventions, and a full fit-out of approximately 4,460m2 across five floors. The development prioritized sustainability, achieving an EPC B rating alongside BREEAM Excellent and WiredScore Gold certifications.
Working with lead architect Buckley Gray Yeoman and interior design studio BGY ID, PATRIZIA has fully modernised the building to embody its ‘NewWork’ concept and vision of the office of the future. Employees and occupiers benefit from a range of facilities, including a ground floor cafe, gym, family room, contemplation room, conference room, bar and restaurant, landscaped roof terrace, private client lounge and end-of-journey facilities on the ground floor. The building features smart technology, concierge and hospitality services, health and wellness amenities, art and flexible workspaces throughout to introduce a best-in-class Grade A office in the heart of central London.
In collaboration with the PAT Art Lab, a social enterprise promoting the impact of art in public spaces, PATRIZIA has partnered with seven prominent street artists to create bespoke pieces of work for Endell Street, which includes murals from Remi Rough, Ben Eine, Unify, Pref, MADC, Art + Believe and Soda.
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