Japanese real estate firm Sogo Development Group has acquired Douglas House in London’s Fitzrovia, marking its first office investment in the West End.
The 1930s property was refurbished in 2019 and 2025
The building at 131-151 Great Titchfield Street was sold by Oval Real Estate for an undisclosed fee and formed part of the Lotus portfolio, which Oval bought from The Langham Estate in March 2024.
The art deco office building was built in 1930 and spans 43,541 sq ft of repositioned workspace.
The property is leased to flexible office provider FORA, formerly The Office Group, under a long-term lease without a break clause. Additionally, a rent review with upward-only provisions is scheduled.
Shinya Ozawa, president and chief executive of Sogo, said: “This transaction marks our group’s first office investment in London’s West End and represents an important step in advancing our global real estate investment strategy.
“With its prime location, high specifications and stable long-term income profile, this property is a high-quality asset. We will continue to build a strong relationship with the tenant and enhance the asset’s value over the medium to long term.”
Cushman & Wakefield and CMS acted as advisers to Sogo’s subsidiary Tokyo Central Urban Development Co, while Colliers, JLL and DLA Piper acted as advisers to the seller Oval Real Estate.
Oval Real Estate acquired the majority of the Lotus portfolio’s 27 retail and office buildings for £300m.
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