The freehold interest of Maddox Street, which is located within the highly sought-after area of Mayfair, was acquired in 2013. The asset initially consisted of 7 apartments over four storeys. Six of these apartments were refurbished to a high standard, with access available from a private lift for the upper floors, and a spacious courtyard for the ground floor. The top floor of the asset was retained and achieved planning permission in May 2014 for another floor to be built vertically above, in order to create a duplex penthouse and roof terrace. All the refurbished assets have now been sold.