TDR expands in Howard de Walden’s estate

TDR Capital is expanding its space at Howard de Walden’s Marylebone estate by taking 4 Bentinck Street, W1. The London-based private equity firm behind the Asda buyout and bids for Boots and IWG has been a tenant of the estate for more than 10 years, occupying 22,000 sq ft across four floors of the nearby 20 Bentinck Street. It is now expanding its operations and adding the 11,965 sq ft boutique building to its footprint. Paul Bakker, property and asset management director at Howard de Walden, said: “TDR’s expansion within the estate highlights that, as we move back to a more normal way of life following the end of pandemic restrictions, demand for office space remains high as both employers and employees realise the value in returning to the workplace.” The six-floor building, located in the heart of Marylebone, has been revamped by Hale Brown architects to create open-plan space, two terraces and an outdoor breakout space. Bakker added: “The work carried out by the Howard de Walden team and Hale Brown architects has resulted in a beautifully restored building that will serve the needs of TDR Capital’s expansion and its workforce.” Tom Mitchell, managing partner at TDR Capital, said: “While the pandemic has disrupted office working for the past two years, we believe in and understand the importance of meeting face-to-face with clients and colleagues and are looking forward to doing so in our new space, surrounded by the excellent amenities Marylebone village has to offer.” Bluebook London acted on behalf of The Howard de Walden Estate. To send feedback, e-mail piers.wehner@eg.co.uk or tweet @PiersWehner or @EGPropertyNews Image courtesy of PR See which agents are doing the most deals in the West End with our On-Demand Rankings >>