Evolution Investment Fund has unveiled a £1.1bn commitment to acquire and develop two luxury hotel assets in London’s Mayfair, underlining continued investor confidence in the capital’s high‑end hospitality sector. The British Virgin Islands–based real estate vehicle, backed by the UAE‑based Shanshal family, is expanding its UK presence with strategic acquisitions in two of the West End’s most prominent locations.

Significant Acquisition of the London Marriott Hotel Grosvenor Square

The investment includes the purchase of the London Marriott Hotel Grosvenor Square, a circa 198,000 sq ft asset positioned on one of Mayfair’s main garden squares. The hotel is recognised as a key fixture in London’s luxury accommodation market, benefiting from strong international demand and proximity to major retail and leisure destinations.

Development of New Bond Street Luxury Hotel and Residential Scheme

The fund has also acquired a New Bond Street development site, set to deliver a circa 157,000 sq ft mixed‑use hospitality scheme. Current plans include:

  • 94 luxury hotel rooms
  • Six premium residential units
  • A 12‑storey tower forming the centrepiece of the development

The site’s location on New Bond Street places it within one of Europe’s most valuable retail districts, reflecting sustained interest in prime West End real estate.

Strengthening Governance and Strategic Focus

Former UK Chancellor Nadhim Zahawi has joined the boards of Evolution Investment Fund’s UK entities connected to the acquisitions. His appointment aligns with the fund’s long‑term strategy to build a significant luxury hospitality footprint in central London.

Long‑Term Commitment to London’s Luxury Hospitality Market

The £1.1bn investment highlights a continued shift of global capital into London’s hotel sector, supported by strong visitor demand and limited supply of premium sites in districts such as Mayfair. Both assets are positioned as long‑term holdings for the Shanshal family, with further investment planned to enhance their role within the city’s luxury hospitality pipeline.

The acquisitions contribute to ongoing development momentum across the West End, reinforcing Mayfair’s status as a leading destination for high‑value hospitality, residential and retail activity.