The Canadian High Commission has selected Savills to sell its diplomatic premises on Grosvenor Square in London's Mayfair district.
The Canadian High Commission has selected Savills to sell its diplomatic premises on Grosvenor Square in London's Mayfair district.
The property at 1 Grosvenor Square is reportedly valued at about £250 mln (€297 mln).
The move is part of the High Commission's strategy to consolidate its diplomatic activity in the UK in a single, central location in historic Canada House on Trafalgar Square.
Mark Ridley, CEO of Savills UK, said the Grosvenor Square property is expected to generate a high level of interest.
Tim Whitmey, director in Savills Development team added: 'This is without doubt one of the finest addresses in central London. We expect interest from all over the world, with both the hotel and residential sectors vying for this prime Mayfair destination.'
