28 St George Street

Mayfair & St James's, W1

28 St George Street

A modern Mayfair office space reimagined

Lazari have moved to 28 St George Street, an attractive building in the heart of Mayfair, a comprehensive redevelopment to create a best-in-class luxury office building with exceptional amenities. Lazari will occupy the three lower floors as our new headquarters, while the three upper floors will be available for letting. The redevelopment will cost £17 million for Cat A works, in addition to the investment for the HQ fit-out, with an anticipated completion date of Q4 2025.

Estate

Mayfair & St James's, W1

Type

Office

Size

22,796 sq-ft

Space Available

11,015 sq-ft

Date Acquired

August 2022

Collaborators

Architect: Original, Trahearne; Refurbishment, Morrow + Lorraine

Planning Applications

Granted, March 2024

In collaboration with multi-award-winning architects Morrow + Lorraine, we are reimagining the building to reflect Lazari’s values, including our commitment to sustainability. Originally built in 2007 to complement the local Georgian architecture, the redevelopment will transform it into a modern, functional, and environmentally sensitive workspace.

Sustainability & Wellbeing

Re-use of steels to reduce embodied carbon by around 80%.
Re-use goal of 50% of total building construction materials.
50% reduction in water use.
Reuse of existing high-value materials on site, such as Carrara marble.
Reuse of 25% and recycling of 100% of existing building materials.
Reuse of all possible existing slates and bricks.
All new timber to be FSC/PEFC certified.
Net zero carbon in construction by reducing the embodied carbon of materials and aligning offsets with BEIS guidance.

Standards

Targeting:

BREEAM ‘Excellent’ rating, with an aspiration for ‘Outstanding’.
NABERS 5* rating.
WELL enabled.
Embodied carbon targets of 400kg CO₂e/m2.
EPC: A rating.

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Baker Street

As at 31st March 2025, the Baker Street Estate consists of three buildings totalling 177,560 sq ft NIA, primarily comprising upper-floor office spaces, ground-floor retail units and 1 residential townhouse.

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Bloomsbury

The Bloomsbury estate comprises two buildings totalling 207,453 sq ft, including a recently completed office development and a landmark shopping centre.

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Euston

The Euston estate comprises a landmark building and a prominent new development, totalling 556,144 sq ft NIA.

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Mayfair & St James's

This estate includes seven buildings with a total area of 506,039 sq ft. Highlights include the landmark redevelopment of the former Fenwick department store on New Bond Street. As of 31st March 2025, this estate represents 39.67% of Lazari’s total portfolio value.

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North London

The North London Estate is a diverse collection of 62 buildings, totaling 375,000 sq ft of retail, leisure, and office space, alongside 65 residential apartments. Spanning the London Boroughs of Camden, Haringey, Ealing, and Enfield, the estate plays a key role in Lazari’s portfolio, offering a mix of commercial and residential properties in well-connected locations. The 175,441sq ft of retail space is spread across 64 individual shop units, providing a varied shopping and dining experience. Office accommodation totals 42,923 sq ft, supporting a range of businesses with modern, adaptable workspaces. The 156,434 sq ft of leisure space includes a 90-bedroom Premier Inn and three health clubs, ensuring a balanced offering of convenience, wellness, and lifestyle amenities.

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Oxford Street

The Oxford Street estate spans 158,159 sq ft of prime office and retail space across six buildings, occupying an entire block at 90-114 Oxford Street, between Newman Street and Berners Street. Located opposite the Elizabeth line Tottenham Court Road station entrance, it includes 38,291 sq ft of retail across ten shop and restaurant units, 109,491 sq ft of office space, and nine modern residential units accessed from Berners Street. A block date has been arranged for 2031, with a masterplan being developed for the site’s long-term redevelopment.

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Tottenham Court Road

The Tottenham Court Road estate comprises eight buildings totalling 452,500 sq ft of commercial space, primarily office and retail accommodation, along with two health clubs.

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Wigmore Street

The Wigmore Street Estate comprises 371,953 sq ft across four properties, primarily office spaces, alongside a best-in-class medical facility and 15 residential units. The site includes CBRE’s EMEA head office at Henrietta House, a Grade II listed building at 27-37 Wigmore Street; Welbeck Partners’ medical facility at One Welbeck Street; and a Fora serviced office with retail frontage on Wigmore Street and Wimpole Street.

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