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LONDON-First Serviced Offices, the fast-growing serviced office operator set up last year by industry veteran Peter Kershaw with backing from Soros Real Estate Partners has made its third acquisition, buying the leading London serviced office operator Argyll Business Centres for an undisclosed sum.Last year, the partnership acquired the UK operations of Front Line Capital Group’s HQ Executive Offices and it has recently completed the acquisition of five centres from Merrill Lynch Executive Office Partnership for £53 million ($95 million). Argyll and HQ have 11 non-branded business centres in prime central London locations like St. James’s Square, Berkeley Square, Cavendish Square, Brook Street, Davies Street and Belgrave Square. Kershaw says First Serviced Offices’ strategy is to assemble a portfolio of up to 30 centres throughout the UK within three years. “The collective knowledge base across both businesses will help to accelerate the planned development of our services, especially our technological offer to customers,” he says.

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