Real Estate

Trophy home for hedge funds in Mayfair put up for sale

Real estate players say the sale of 23 Savile Row will be a litmus test for London's prime office market

US sculptor Joel Shapiro outside 23 Saville Row, which features a suspended bronze sculpture by the artist
US sculptor Joel Shapiro outside 23 Saville Row, which features a suspended bronze sculpture by the artist Photo: Getty Images

The planned sale of a seven-storey development in Mayfair is set to test investor appetite for prime London offices after a supply shortage dented investment last year.

Buyers are being invited to bid for 23 Savile Row, a 100,000 square foot office building that features a suspended bronze sculpture by American artist Joel Shapiro on its facade.

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