Hindujas acquire Old War Office
"We will work meticulously to restore the distinctive and historic fabric of the building and convert it into a distinguished hotel and luxury residence, bringing a further dimension to this prominent Whitehall landmark," P.P. Hinduja added. The building has been acquired on a 250-year lease arrangement by Hinduja Group in partnership with Spanish industrial company Obrascon Huarte Lain Desarrollos (OHLD) following a competitive marketing process.
The high-profile project will also see State Bank of India entering and collaborating into the London realty markets, said SBI official Sanjiv Chadha. The SBI is funding the project. Present on the occasion were Indian High Commissioner Navtej Singh Sarna and former Indian National Security Advisor M.K. Narayanan.
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