TPG, the private equity firm, is to move offices to Park House in London’s Mayfair.
The company is currently based at 5-7 Carlton Gardens; but will undertake an office relocation to the fifth floor at the Oxford Street property.
Park House contains 165,000 sq ft of prime office space as well as 39 high-end residential units. The building is owned by REM Asset Management and rates are in the region of £90 sq ft.
TPG have signed a 15-year lease.