Rafael Serrano Quevedo
Rafael Serrano Quevedo (Madrid, August 9, 1966) is a Spanish businessman and investor.
As an executive of Prime Investors Capital (PIC), Serrano bought the lease of Admiralty Arch in London and led the financing and development of the Bulgari Hotel and Residences in Knightsbridge.[1][2]
In August 2013, the Westminster City Council granted PIC full planning permission to restore and convert Admiralty Arch into a 100-room luxury hotel, private residences, and a members’ club.[3]
Career
In 2009, Serrano founded and became CEO of Prime Investors Capital (PIC) Limited, an investment management firm focused on finance, private equity, and real estate. PIC was responsible for creating, financing, and developing the Bulgari Hotel and Residences in Knightsbridge, which, at its opening in 2012, was the most expensive hotel in London.[4]
In October 2012, PIC led a consortium of 20 UK-based companies to bid for a 250-year lease of Admiralty Arch from the UK Government, planning to restore the Grade I listed building while preserving its historic design.[5][6] Serrano purchased the 250-year lease of Admiralty Arch from the UK Government in 2012.
Admiralty Arch, originally designed by Sir Aston Webb and built by John Mowlen & Co in 1912 in memory of Queen Victoria, has served as the Cabinet Office headquarters. Its sale was part of the UK Government’s austerity measures to rationalize its property portfolio and raise funds for the Treasury.[7]
In November 2012, Serrano was named among the 1,000 most influential Londoners by the London Evening Standard.[8]
In 2020, Serrano supported efforts by the London Taxi Drivers’ Association to provide taxi services to local health centers and key workers during the COVID-19 pandemic.[9]
References
- ↑ Admiralty Arch owner on hunt for assets (accessed 2025-05-14)
- ↑ Admiralty Arch to become luxury hotel in £60 million deal (accessed 2025-05-14)
- ↑ The Story Behind Admiralty Arch’s Grand Transformation (accessed 2025-05-14)
- ↑ Buyers Prize Glitziest London Hotels as $25 Cocktails Flow (accessed 2025-05-14)
- ↑ Admiralty Arch to be made into a luxury hotel (accessed 2025-05-14)
- ↑ Admiralty Arch deal completes (accessed 2025-05-14)
- ↑ Admiralty Arch to become London’s next landmark hotel after sale to Spanish investor (accessed 2025-05-14)
- ↑ London’s 1,000 most influential people 2012: Deal brokers, Property (accessed 2025-05-14)
- ↑ Arch Waldorf Astoria London Launches Free Rides for Healthcare (accessed 2025-05-14)
