London: The Hinduja Group, in partnership with another company, Friday acquired UK's iconic Old War Office building that was once occupied by the country's war-time Prime Minister?Winston Churchill.
The historic building was acquired by the Hinduja Group, headed by NRI entrepreneurs S P Hinduja, Chairman, and G P Hinduja, Co-Chairman, in partnership with Obrascon Huarte Lain Desarrollos (OHLD).
The landmark building will now be restored and re-developed into a five star hotel and residential apartments, and will also feature a series of private functions rooms as well as a spa and a fitness facility.
Previously inaccessible to the public, a commitment has also been made to grant new access to the building with an outdoor public space also part of the re-development plans.
Srichand P Hinduja and Gopichand P Hinduja, on behalf of the company, said, "We will make every efforts to honour the heritage and restoration of this national monument, elevate its status and reconnect it with the public."
"We will forge a new future for the site, creating a vibrant and sustainable destination that retains and enhances the historical importance of the building. We are proud to be playing such a crucial role in this new chapter for the Old War Office," the Hinduja brothers said.
Britain's Ministry of Defence today confirmed that the Hinduja Group, in partnership with OHLD, who's main shareholder is Grupo Villar Mir, have been successful in the acquisition of the Old War Office at 57 Whitehall in London.
The War Office was a department of the British Government responsible for the administration of the British Army between the 17th century and 1964, when its functions were transferred to the Ministry of Defence.
