Jun 18

Oxford Street’s £1bn hot properties: which ones have been sold & which are for sale?

Oxford Street, London’s shopping mecca, boasts the hottest properties in the capital.

According to CBRE, Oxford Street property sales are set top £1bn by the end of this year.

In the five months of this year, over £645m worth of Oxford Street property deals have been sealed.

Take a look at the buildings sold and on the market this year:

1. Zara billionaire and Spain’s richest man Amancio Ortega snaps up 26-48 Oxford Street

Value: £400m

Ortega, through his property venture Ponte Gadea, forked out £400m to buy a line of properties on the street. This includes Primark’s 149,000 square feet flagship store.

2. Hong Kong-based Emperor Group buys 25-27 Oxford Street

Value: £35.5m

3. Private investor buys 386 Oxford Street, Dr Martens’ flagship store

Value: £23.1m

4. Russell & Bromley’s flagship store has been put on the market by property vehicle Conegate

Value: £55m

5. West One Shopping centre is on the market too

Value: £240m