Sidra Capital has acquired 33,000 sq ft 4-5 Buckingham Gate building located across from Buckingham Palace.

Hani Baothman, Chairman of Sidra Capital, commented: “This constitutes a strategic move from Core to Value Add for Sidra Capital. We remain confident about the commercial office sector as London continues to be a key investment destination for domestic and overseas capital due to its transparent and competitive market, established legal system, excellent growth prospects and attractive income yields in comparison to other asset classes.”

Sidra Capital is committed to refurbishing No. 4-5 Buckingham Gate to a CAT A standard.