- Award recognises the transformation of the former H Club, or “Hospital Club”, into PATRIZIA’s new international hub - a sustainable, hospitality-led workplace of the future
- Endell Street is PATRIZIA’s largest international office outside Germany hosting 200 experts for real estate and infrastructure investments as well as technology
- A deep retrofit, distinctive interior design and street art installations showcase new ways of working while highlighting social entrepreneurship and the power of art in public spaces
London. 22 May 2025. The international headquarters building of PATRIZIA, an investment manager in smart real assets, has been named ‘Development of the Year’ at the 2025 PROPS Awards. This accolade celebrates the transformation of 24 Endell Street, the former H Club in Covent Garden, into an innovative, sustainable, people-centric and hospitality-led workplace that sets a new benchmark for the future of work.
The award-winning development, which opened its doors in July 2024, is home to more than 200 PATRIZIA employees across its real estate, infrastructure and technology divisions. It is PATRIZIA’s largest international office location outside of Germany, bringing together its pan-European investment platform, its technology expertise and the PATRIZIA Foundation UK under one roof.
Led by PATRIZIA in collaboration with Buckley Gray Yeoman and BGY ID, the project involved a deep retrofit of the historic Victorian building. The design retained and repurposed over 200 original items from the H Club, including furniture, artwork and the iconic chandelier, while integrating bespoke street art curated through the PAT Art Lab, a social enterprise promoting the power of art in public spaces. The building showcases original works by seven renowned street artists – Remi Rough, Ben Eine, Unify, Pref, MADC, Art + Believe, and Soda – whose pieces were commissioned to inspire creativity and reflect the building’s cultural legacy.
The five-storey, 48,000 sq ft building now features a wide range of hospitality and wellness amenities, including a bar and restaurant, landscaped roof terrace, gym, family and contemplation rooms, and a private client lounge. It is also one of the most digitally connected buildings in London, enabled by PATRIZIA’s smart building platform, Ambio.
The project achieved BREEAM Excellent, EPC B, and WiredScore Gold certifications, with 98% of on-site waste recycled and extensive reuse of original materials.
Wolfgang Egger, Founder of PATRIZIA, said: “Winning the ‘Development of the Year’ category at the PROPS Awards is a great recognition of our extensive experience in creating unique workspaces of the future on a global scale. Our new international headquarters is the most recent iteration in our global portfolio and our ability to create cutting-edge and creative workplaces through innovative refurbishment, technology, and street art provided by the PAT Art Lab. Once the H Club and now home to our global investment platform and the PATRIZIA Foundation UK, our new international HQ in London is testimony to our ambition to provide state-of-the art workplaces across the globe and fostering creativity and collaboration for future talent.”
The PROPS Awards is a prominent event in the UK property industry calendar, recognising outstanding achievements across development, investment and innovation. Organised by Variety, the Children’s Charity, the awards also raise funds to support disabled and disadvantaged children across the UK.
Contact
Matthew Richards
Phone: +44 7471 999746
Email: Matthew.Richards(at)patrizia.ag
PATRIZIA
With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 41 years. PATRIZIA manages over EUR 55bn in assets and employs around 900 professionals at 26 locations worldwide. PATRIZIA has been making an impact since 1984 by helping children in need, since 1992 in close collaboration with Bunter Kreis (“colourful circle”) in Germany for aftercare of children with severe diseases and since 1999 through its support for the PATRIZIA Foundation. The PATRIZIA Foundation has given more than 750,000 children and young people worldwide access to education, healthcare, and a safe home to get the chance to live a better self-determined life over the last 25 years. You can find further information at www.patrizia.ag and www.patrizia.foundation