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Matterhorn Capital acquires British Land HQ in London

Property company Matterhorn Capital has agreed to acquire the headquarters of The British Land Company PLC in Regent's Park for £50.5million.

Co-founded in 2005 by Anthony Lyons and Simon Conway, majority shareholders in the Earls Court and Olympia Group, Matterhorn Capital intends to invest a further £35 million converting the buildings 2-12 and 20-21 Cornwall Terrace into a collection of exclusive luxury houses.

Matterhorn Capital will restore the buildings with conservation specialists and architects who understand the unique nature of Regency property. Applications for the consents required to begin the restoration will be made before the end of 2006.



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