Derwent London completed the acquisition of remaining 50% stake in Baker Street W1 scheme, from Lazari Investments for £44.4m

Derwent London, a British-based property investment and development business, completed the acquisition of remaining 50% stake in Baker Street W1 scheme, from Lazari Investments, a property investment company in London, for £44.4m “West End vacancy remains low and demand from high quality occupiers across a broad range of business sectors continues to outpace supply. Underpinned by our confidence that the property cycle has inflected, we believe now is the time to acquire well-located regeneration opportunities. Our decision to take full ownership of 50 Baker Street reflects this and marks the conclusion of a successful partnership with Lazari. We look forward to progressing the project to the next stage, with works expected to commence on site in H1 2026,” Paul Williams, Derwent London CEO.