Hatton Garden, renowned as London’s jewellery hub, has recently gained significant attention with the acquisition of 36-38 Hatton Garden by French investment manager Sofidy. Acting on behalf of its property fund SCPI Sofidy Europe Invest, the firm acquired the building from Orchard Street Investments for a substantial £18.5 million. This deal is not just a transaction but a strategic move that could reshape Hatton Garden’s landscape. Let’s delve into the details, explore the area’s history, and uncover why global investors are drawn to this vibrant part of London.
A Landmark Deal: 36-38 Hatton Garden
The property at 36-38 Hatton Garden is a mixed-use building encompassing 25,123 square feet over five floors. It houses three ground-floor retail units, a basement-level gym, and office spaces on its upper floors. Its strategic location near Farringdon Station, enhanced by the Elizabeth Line, adds to its appeal.
This acquisition aligns with Sofidy’s strategy to invest in prime properties across Europe. Hatton Garden’s reputation as the epicentre of London’s jewellery trade makes it a highly attractive area for international investors seeking long-term growth. The improved connectivity and vibrant commercial atmosphere further reinforce the district’s desirability.
Fun Fact: Hatton Garden has been the heart of London’s jewellery trade since the 19th century, with over 300 jewellery-related businesses operating in the area today.
Why Global Investors are Eyeing Hatton Garden
Hatton Garden’s unique blend of history, commerce, and connectivity makes it a magnet for investment. The area offers:
- Heritage and Prestige: With a legacy spanning centuries, owning property in Hatton Garden is akin to holding a piece of London’s history.
- Prime Location: Its proximity to central London and excellent transport links, including the Elizabeth Line, ensures high footfall and accessibility.
- Vibrant Business Environment: The mix of jewellery trade, retail, and office spaces creates a dynamic commercial hub.
For Sofidy, the acquisition of 36-38 Hatton Garden is more than a financial investment. It’s a statement of confidence in London’s real estate market and the enduring appeal of its historic districts.
Hatton Garden in Context: A Jewel in London’s Crown
Hatton Garden is not just about jewellery. Over the years, it has evolved into a multifaceted district that attracts businesses and visitors alike. Let’s take a closer look at the factors driving its growth:
Historical Significance
The area’s roots can be traced back to the 17th century when Sir Christopher Hatton acquired the land. By the 19th century, it had transformed into a bustling centre for jewellery and diamond trading, earning its reputation as London’s jewellery quarter.
Connectivity and Development
The arrival of the Elizabeth Line has significantly boosted Hatton Garden’s accessibility, connecting it seamlessly with other parts of London and beyond. This has increased its appeal to businesses looking for well-connected office spaces and retail outlets.
Resilience and Growth
Despite economic uncertainties, Hatton Garden remains resilient, with steady demand for its commercial and retail spaces. Recent investments, like Sofidy’s acquisition, highlight the area’s continued potential for growth and innovation.


A Look at Other Key Investments in the Area
Hatton Garden is not alone in attracting major investments. The surrounding Midtown area, including Mayfair and Farringdon, has seen notable developments:
- Julius Baer’s Expansion in London: The Swiss wealth management firm recently announced plans to expand its London operations, further solidifying the city’s status as a global financial hub.
- Grosvenor’s Partnership with Norges Bank: In Mayfair, Grosvenor collaborated with Norway’s Oil Fund, marking a significant investment in London’s luxury property market.
- Elizabeth Line Boost: Areas like Farringdon have seen a surge in interest and development since the launch of the Elizabeth Line, with improved transport links driving footfall and business opportunities.
Sofidy’s Vision: What This Investment Means
Sofidy’s acquisition of 36-38 Hatton Garden reflects a broader strategy to diversify its European portfolio. By targeting properties in historic yet commercially vibrant areas, the firm aims to:
- Secure Long-Term Returns: Prime locations like Hatton Garden offer stability and consistent rental yields.
- Enhance Portfolio Diversity: Investing in mixed-use buildings allows Sofidy to tap into multiple revenue streams, from retail to office spaces.
- Promote Sustainable Growth: By revitalising historic properties, Sofidy contributes to the area’s economic and cultural sustainability.
The Future of Hatton Garden
What lies ahead for Hatton Garden? With strategic investments and a focus on connectivity, the area is poised for a bright future. Key trends to watch include:
- Increased International Interest: As global investors recognise the value of London’s historic districts, Hatton Garden is likely to attract more international capital.
- Sustainability Initiatives: Green building practices and energy-efficient designs could play a significant role in future developments.
- Cultural Preservation: Balancing modernisation with the preservation of Hatton Garden’s rich heritage will remain a priority for stakeholders.
Conclusion
The acquisition of 36-38 Hatton Garden by Sofidy is more than a property deal—it’s a testament to the enduring appeal of London’s historic districts. As Hatton Garden continues to evolve, investments like these ensure that it remains a thriving hub for business, culture, and commerce. Just as a carefully cut diamond reflects light from every angle, Hatton Garden’s future shines bright with potential, rooted in its storied past.