Oberoi Hotels & Resorts to debut in London's iconic Mayfair

Grosvenor and EIH London Investments Ltd connected Thursday announced that South Molton, successful London's prestigious Mayfair, volition beryllium location to the Indian luxury hospitality group's archetypal Oberoi Hotel successful the UK.

Located connected a salient country astatine 40-46 Brook Street, the edifice is poised to go Mayfair's premier luxury boutique hotel, showcasing Oberoi's iconic design, world-class work and attraction to detail, the steadfast said successful a statement.

Grosvenor secured readying support for the restoration of the 33,000 sq. Ft Listed Building successful 2022, arsenic portion of its wider South Molton development. This landmark project, presently the West End's largest mixed-use development, volition see the hotel, caller bureau space, housing, cafes, shops, restaurants, assemblage and leisure spaces, each acceptable wrong a rejuvenated nationalist realm.

At the bosom of the task is simply a 267,000 sq. Ft associated task betwixt Grosvenor and Mitsui Fudosan UK, acceptable to present 2 best-in-class bureau buildings connected Brook Street and Davies Street, offering firm office opportunities successful 1 of the West End's astir sought-after locations.

South Molton volition service arsenic a caller gateway into Mayfair, drafting an estimated £6.5 cardinal of walk annually, 1000 imperishable jobs volition beryllium created upon completion alongside 450 jobs and apprenticeships during the operation phase.

Work began onsite successful November 2023, with each phases scheduled for completion by the extremity of 2027.

Rachel Dickie, Executive Director of Investment and Development, Grosvenor, commented: "Confirming a marque arsenic prestigious arsenic Oberoi Hotels & Resorts volition person its archetypal UK beingness astatine South Molton, successful the bosom of Mayfair, is what we mean erstwhile we accidental we are creating a destination of planetary significance. We are thrilled to person specified a fantastic anchor for the task astatine this aboriginal signifier of development.

Arjun Oberoi, Executive Chairman of The Oberoi Group, added, "Our concern with Grosvenor marks an important milestone successful our planetary growth. London has ever been a cardinal marketplace for our guests.

We are excited to bring our distinctive hospitality acquisition to the bosom of London. The Oberoi, Mayfair, volition not lone beryllium a solemnisation of our marque astatine a premier determination but besides an accidental to showcase our work excellence.

Vikram Oberoi, Managing Director and CEO of The Oberoi Group, said: "We are delighted to bring the legendary Oberoi hospitality to London, particularly successful specified an iconic determination arsenic Mayfair.

This task marks a pivotal infinitesimal for our brand's planetary journey. The Oberoi, Mayfair, volition embody the precise essence of luxury, offering guests an intimate retreat successful the bosom of Mayfair with the dynamic tone of the city.

JLL acted for Grosvenor, and EIH London Investments Ltd was advised by Johnny Sandelson. Grosvenor is an planetary organisation whose activities span municipality property, nutrient and agtech, agrarian property management, and enactment for philanthropic initiatives.