What ALMACANTAR LIMITED does

Almacantar Limited is a Central London-focused property investment and development company founded in 2009 by Mike Hussey, a former Executive Board Director at Land Securities. The firm specialises in acquiring underperforming or complex large-scale assets — including obsolete office blocks and sites with planning or leasehold encumbrances — and repositioning them through site assembly, planning, design, construction and active asset management. Its core portfolio comprises four live developments: Centre Point (an 82-apartment, 400,000+ sq ft mixed-use landmark at Oxford Street/Charing Cross Road); Marble Arch Place / The Bryanston (a dual-tower Rafael Viñoly-designed scheme with luxury residences and Grade A offices); One and Two Southbank Place (570,000 sq ft of office space let to Shell and WeWork at 97.4% occupancy); and Lyons Place (a sold-out 76-unit residential scheme with 47 affordable homes). Almacantar also maintains a track record of crystallizing trading gains through disposals, notably 125 Shaftesbury Avenue (£100m to £267m) and CAA House (£110m to £165m) in 2018.

Name

ALMACANTAR LIMITED

Legal name

Almacantar Group Limited

Website

https://almacantar.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Almacantar is a Central London property investment and development company that acquires, repositions, and actively manages large-scale mixed-use schemes — delivering premium offices, luxury UHNW residences, retail and affordable housing across landmark sites.

Ownership category

akta.pro rank

Product category

Central London Real Estate Development

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operative Builders (1531), Investors, Nec (6799)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industry

Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC)

Keywords

• Central london property
• Mixed-use development
• Luxury residential development
• Commercial property investment
• Prime real estate asset management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Commercial property leasing: Long-term leasing of large-scale office space (e.g., One Southbank Place let to Shell at 275,765 sq ft; Two Southbank Place let to WeWork at 301,488 sq ft; 5 Marble Arch pre-let to Bridgepoint at 83,000 sq ft), generating stabilised rental income of over £32m per annum from the Southbank Place portfolio.
2. Residential property sales: Sale of luxury residential apartments and townhouses to UHNW buyers. Examples include Centre Point (82 apartments), Marble Arch Place / The Bryanston (54 apartments), Lyons Place (76 units sold out in 2023). Revenue is one-time per transaction, driven by in-house sales teams.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Almacantar is a Central London property investment and development company that acquires underperforming, complex real estate assets and transforms them into landmark mixed-use destinations through development, repositioning, and active asset management. The company operates a portfolio of prime London schemes combining Grade A commercial office space (e.g., One and Two Southbank Place, 570,000 sq ft let to Shell and WeWork), luxury residential residences (Centre Point Residences, The Bryanston), retail/leisure space, and affordable housing (Lyons Place). It generates revenue through long-term commercial leasing arrangements with corporate occupiers and one-time residential sales to a global ultra-high-net-worth buyer base.

Product overview

Almacantar is a Central London property investment and development company that transforms properties into mixed-use destinations. The company operates a portfolio of landmark developments including Centre Point (82 residential units plus retail/commercial space), Marble Arch Place (dual-tower development with The Bryanston luxury residences and Grade A offices), One and Two Southbank Place (commercial office space totalling 570,000 sq ft let to Shell and WeWork), and Lyons Place (76 affordable and private apartments/townhouses). The company also manages completed archive properties including 125 Shaftesbury Avenue and CAA House. Almacantar functions as a property developer rather than a technology or software company.

Differentiator

Problem solved

Functional benefit

Products and services

• Centre Point Landmark 82-apartment mixed-use development in central London combining over 400,000 sq ft of residential, retail, commercial, and affordable housing space arrayed around a pedestrianised public square. Includes Centre Point Tower, Centre Point House, and White Lion House connected by a glass link bridge.
• Marble Arch Place Mixed-use landmark development comprising two towers designed by Rafael Viñoly. Includes 54 luxury residences (The Bryanston), over 12,500 sq ft of office space, 58,000 sq ft of retail and leisure space in 6 Marble Arch, and 83,000 sq ft of Grade A office space across seven floors in 5 Marble Arch (87.5% pre-let to Bridgepoint).
• One and Two Southbank Place 570,000 sq ft of next-generation office space on London's South Bank with direct entrance to Waterloo Station. One Southbank Place (275,765 sq ft) is let to Shell International and Two Southbank Place (301,488 sq ft) is let to WeWork (world's largest location for flexible workspace). Combined 97.4% occupancy generating over £32m per annum stabilised rental income.
• The Bryanston (at Marble Arch Place) 54 luxury apartments at 6 Marble Arch featuring panoramic views over Hyde Park, London's first residential development registered for WELL certification. Targeted at the global UHNW audience with bespoke sales campaigns led by Senior Sales Directors.
• Centre Point Residences 82 luxury homes within the Centre Point complex featuring private amenities including a lounge, dining room, cinema room, treatment rooms, sauna, gym, and 30m infinity pool overlooking Charing Cross Road and Oxford Street.
• Lyons Place A boutique residential development of 76 apartments and townhouses in Edgware Road, London, designed by Farrells and totaling 75,501 sq ft. All residences feature private outdoor space and access to a landscaped private garden. The development includes 47 affordable homes delivered to Westminster City Council.

Quantifiable outcome

• 97.4% occupancy rate at Southbank Place
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators22 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Helical: Smaller London office specialist pursuing value-add repositioning in Central London. Partial overlap with Almacantar's office-led development strategy at a sub-scale, more transactional profile.
• Mount Anvil: London residential developer focused on design-quality mid-market and luxury schemes. Relevant for Almacantar's prime residential development thesis (Centre Point, The Bryanston, Lyons Place) at a smaller scale.

Broad incumbents

• British Land: Diversified UK REIT with significant London office, retail, and mixed-use exposure. Broad incumbent offering overlapping capabilities to Almacantar at scale, but a wider and less Central-London-focused portfolio.
• Lendlease (UK): Global developer with a UK mixed-use and residential focus. Comparable as a large-scale developer of complex, design-led urban projects, though broader geography and capital structure than Almacantar.
• Grosvenor Property UK: UK/international property developer and long-term investor with a London mixed-use portfolio (e.g., Mayfair, Belgravia). Comparable as a private owner-developer of prime urban real estate.
• Land Securities: UK's largest REIT with a substantial London office, mixed-use, and retail portfolio. Comparable as a prime Central London owner-operator; Almacantar's senior team largely originated from Land Securities.
• Canary Wharf Group: Major London commercial developer and landlord anchored by Canary Wharf. Almacantar CEO Mike Hussey previously led leasing here — closely comparable large-scale London commercial portfolio with marquee occupier relationships.

Direct peers

• Derwent London: Public London REIT specialising in design-led, mixed-use office space in the West End and midtown. Closest direct comparable: also a Central London owner-operator with a stabilised income base and active value-add repositioning of landmark sites — the public-market analogue of Almacantar's business model.
• Great Portland Estates: Prime Central London office and mixed-use developer with a focus on complex sites in the West End. Direct peer: similar asset class, geography, redevelopment-led strategy, and tenant profile to Almacantar.
• Stanhope: Private London-focused developer behind complex, design-led schemes (e.g., Whiteley). Comparable to Almacantar as a private Central London developer pursuing landmark, mixed-use, value-add projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/almacantarldn
• Xx.com/Almacantar_

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ALMACANTAR LIMITED