FT: In and Out Club on sale (again) - Spear's Magazine

FT: In and Out Club on sale (again)

The former home of the “In and Out Club” at 100 Piccadilly is set to go back on sale after the collapse of a £200m ($321m) deal to sell it to a consortium of American and Middle Eastern investment groups.

The former home of the “In and Out Club” at 100 Piccadilly is set to go back on sale after the collapse of a £200m ($321m) deal to sell it to a consortium of American and Middle Eastern investment groups.

The site, known as the Piccadilly Estate, is located opposite Green Park in London’s Mayfair and includes Grade I-listed buildings once occupied by Lord Palmerston.

It was put up for sale for more than £150m after receivers took control of the 1.3-acre site, which was owned by the family trusts advised by Simon Halabi, the property mogul.

For the full article, visit ft.com



 

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