Amsprop is the property

Property

Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...

 company of Alan Sugar

Alan Sugar

Alan Michael Sugar, Baron Sugar is a British entrepreneur, media personality and political advisor. From humble origins in the East End of London, Sugar now has an estimated fortune of £770m , and was ranked 89th in the Sunday Times Rich List 2011...

. Amsprop now holds the majority of Sugar's £800 million wealth and owns several office building freeholds in Mayfair

Mayfair

Mayfair is an area of central London, within the City of Westminster.-History:Mayfair is named after the annual fortnight-long May Fair that took place on the site that is Shepherd Market today...

 and other parts of London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

. Amsprop also owns the IBM

IBM

International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 building on the South Bank

South Bank

South Bank is an area of London, England located immediately adjacent to the south side of the River Thames. It forms a long and narrow section of riverside development that is within the London Borough of Lambeth to the border with the London Borough of Southwark and was formerly simply known as...

 of the Thames, which is currently leased back to IBM.

The fund is continuing to be active during current market turbulence, acquiring a large freehold property recently on Oxford Street

Oxford Street

Oxford Street is a major thoroughfare in the City of Westminster in the West End of London, United Kingdom. It is Europe's busiest shopping street, as well as its most dense, and currently has approximately 300 shops. The street was formerly part of the London-Oxford road which began at Newgate,...

 for £31.25m.

Amsprop is run by Alan Sugar's son Daniel, and also employs Simon Ambrose

Simon Ambrose

Simon Ambrose was the 2007 winner of the third series of the British version of reality TV show The Apprentice, in which contestants compete for a £100,000-a-year job working for British business magnate Sir Alan Sugar...

, winner of The Apprentice in 2007. In March 2008 Ambrose launched the company's website listing the company's entire portfolio.