Mago has announced the acquisition of the Notting Hill Gate Estate, a prominent mixed-use cluster site in West London previously managed by Frogmore and Morgan Stanley Real Estate Investing (MSREI). This acquisition marks a significant expansion of Mago’s portfolio into London’s premium real estate market.

The Notting Hill Gate Estate is a freehold property spanning approximately 185,000 square feet and comprises multiple mixed-use blocks, with retail units on the lower floors and office spaces above. Originally assembled and upgraded by Frogmore, with Morgan Stanley as a co-investor, the estate was modernized to enhance its capacity for mixed-use operations and long-term value.

In late 2024, Delancey Real Estate supported the continued evolution of the estate through a refinancing arrangement led by ING. This financing structure contributed to positioning the property for sustained transformation and growth in the heart of Notting Hill.

Through this transaction, Mago takes ownership of one of West London’s most desirable and strategically located assets. The estate’s combination of retail vitality, office functionality, and proximity to central London positions it for continued development and value creation.

This acquisition reflects Mago’s strategy of investing in high-quality, centrally located, mixed-use properties with strong growth potential. It also underscores the ongoing interest from international investors in London’s dynamic real estate market.