Hinduja Group and Obrascon Huarte Lain Desarrollos Extends Partnership with Raffles

Main Photo: The new OWO Hotel & Residences – imagined

Date: February 2020

Location: Whitehall, London, UK

Name: OWO Residences by Raffles – opening 2022

No. of Keys: 125 rooms and suites plus 85 residences

Seller: The British Government

Buyer: Churchill’s Old War Office to be serviced by Raffles with flagship hotel and branded residences, restaurants and spa.

The Hinduja Group and Obrascon Huarte Lain Desarrollos (OHLD) today announced an extension to its partnership with Raffles Hotels & Resorts. An agreement was signed in June 2017 for Raffles to operate a 125-room and suites flagship hotel at the iconic Old War Office building in London. A further agreement has now been signed confirming Raffles as operator for the 85 residences at this landmark destination on Whitehall.

This latest agreement ensures that the service hallmarks of the prestigious Raffles brand – gracious and intuitive staff, personalised attention and a timeless ambience – will be delivered seamlessly to owners of The OWO Residences by Raffles. The OWO Residences by Raffles will be the first Raffles-serviced residences in the UK and Europe, further reinforcing the uniqueness of the offering.

Along with the signing of Raffles, The Hinduja Group and OHLD officially unveiled the new name for the project, ‘The OWO’, at a topping out ceremony marking a significant milestone towards the project’s opening early 2022. The new name is distinctive whilst celebrating and respecting the history and spirit of the Old War Office.

The Grade II listed Old War Office building, originally completed in 1906, is steeped in history. This architectural masterpiece has witnessed world-shaping events whilst influential political and military leaders including Winston Churchill, David Lloyd George, and Lord Kitchener held office.

Its transformative journey began in 2017 when The Hinduja Group and OHLD announced plans to restore and redevelop the iconic building into a new destination of 760,000 square feet comprising 125-room and suite Raffles hotel, 85 private residences, nine restaurants and bars, a destination spa and boutique retail.

With its transformation now well underway, the topping out ceremony is an important moment for the project as it marks reaching the highest point in the building.

Gopichand P Hinduja, the Hinduja Group’s Co-Chairman, said: “This is an exciting and momentous day for the Old War Office as we reach the highest point of the building and announce the official name of the project as ‘The OWO’. After an exhaustive process, Raffles were selected above other leading global hotel brands as our partner to deliver a world-class hotel experience of peace and warmth. We are delighted to announce Raffles as operators of the branded residences; the first of their kind in Europe. The level of servicing Raffles will offer to future residence owners is unparalleled and will set a new benchmark in London. “

OHL’s Chief Executive Officer, Mr Jose Antonio Fernandez Gallar added: “The Old War Office has been an ambitious and technically complex architectural and engineering project, and we are delighted to achieve this significant milestone as we progress towards the project’s opening early 2022.“

Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: “Raffles is a beloved brand with British roots, named after the British statesman and founder of Singapore, Sir Thomas Stamford Raffles, so it is very fitting that Raffles is coming home to London and that this will be our first residential project in Europe. It is an enormous privilege to be partnering with the Hinduja family and OHLD. We are thrilled to take part in this adventure and to add “The OWO” to our Raffles collection, as this sublime location will undoubtedly make the list of the five most beautiful hotels in the world, alongside Raffles Singapore.”

The OWO project is being developed by the Hinduja Group and its joint venture partner OHLD through their Special Purpose Vehicles. Mr Madani Sow, previously CEO and UK Chairman for Bouygues Construction, has been appointed as Chief Executive Officer to oversee the development management of the project. The project has been designed by UK-based EPR Architects, with the hotel interiors designed by New York-based designer Thierry Despont, and the residences designed by 1508 London. The principal contractor is Ardmore Group, with Toureen Group completing the structural works, and structural engineers are Elliott Wood.

THPT Comment: Not satisfied with being top of the UK’s Sunday Times Richest List for three years, serious players in the world of oil, gas, banking, IT and property, they are poised to a be a major force in hotels and residences. Their partners OHLD are no lightweights either, as owners of the Four Seasons Hotel & Residences in Madrid, Mayakoba Country Club and other major property developments in Spain.

First Seen: Hinduja and OHLD press release.

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.