View Magazine: 25 Argyll Street
Formerly known as Regent Arcade House, 25 Argyll Street was purchased in an off-market transaction for £48m in August 2012. Its central location at the apex of Mayfair, Fitzrovia, Soho and Marylebone made it a highly desirable building, but it was in need of asset management; poor interiors had given the property a bad name in the agent market. To turn this around, Riverside Capital renamed it and performed a rolling refurbishment programme over 3 floors, the lifts and reception: fitting out the 4th and 5th floors with the only Shoreditch-style designs in the West End. The result was newly signed tenancies with the likes of Spotify and H&M and a profit of £20m after 36 months.