Hindujas Acquires Iconic London Building |
The Hinduja Group has formally acquired the historic 1,100-room Old War Office building in central London, once occupied by Britain`s war-time prime minister Winston Churchill, which will now be restored and re-developed into a five-star hotel and residential apartments. The heritage building at 57, Whitehall, close to the British Parliament and the Prime Minister`s residence, covers 580,000 square feet spread over seven floors connected by more than three kilometres of corridors. The key of the building was formally handed over to GP Hinduja, his brother PP Hinduja and their Spanish partner Juan-Miguel Villar-Mir, Chairman of the Villar-Mir and OHL Group.The building, bought for an undisclosed sum, will be restored and redeveloped into a five-star hotel and apartments. It will also feature a series of private-function rooms as well as a spa and fitness facility.The building was sold on a 250-year lease arrangement to the companies following a competitive marketing process. Noting that Winston Churchill would approve of what "we have done to his old office", GP Hinduja said Indian High Commissioner to the UK Navtej Singh Sarna, Former National Security Adviser of India and former Governor of West Bengal MK Narayanan, leading NRI hotelier and Chairman of the Bharatiya Vidya Bhavan UK Joginder Sanger, and Sanjiv Chadha of the State Bank of India who are funding the project.
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