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US investment group pays £47m for London nightclub favoured by Prince Harry and Rihanna

High-end London nightclub Mahiki, famous for its list of A-list patrons has been sold to Thor Equities.

The US property investment firm, who specialise in global urban property, has snapped up the nightclub at 1 Dover Street in the exclusive Mayfair area of London for £47.2m from Korean shipping company Hanjin Shipping.

According to PropertyWeek, the sale comes amidst financial problems for the Korean Air subsidiary, which has forced it into selling the six storey, 23,300 sq ft building as it attempts to refinance its debt which totals over $400m (£277.85m).

Along with retail units, office space and a residential penthouse, the biggest draw for New York-based Thor Equities is likely to be the Mahiki nightclub space, a Tiki-themed bar and club which has drawn in the likes of Usain Bolt, Prince Harry and Rihanna in the past.

The building itself sits opposite the Ritz Hotel in the exclusive Mayfair area of London’s West End.

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