Crown Estate news and archive

Crown Estate chairman to step down

Sir Stuart Hampson, chairman of The Crown Estate, will retire this summer after six years in the role. Hampson, a former chairman of John Lewis for 14 years, joined The Crown Estate in 2010. Under his watch the company, which owns properties in London’s West End and the UK and pays its profit to the treasury, has increased the firm's profits by...

Retail

Italian fashion brand to open London flagship

Italian fashion retailer Stefanel is set to open another store in London after securing a location on Regent Street, after signing a ten-year lease with the Regent Street Partnership, which comprises The Crown Estate and Norges Bank Investment Management. The 2,600 square foot flagship spans across the basement and ground floors at 78 Regent...

RetailFeatured

Arc’teryx set for European expansion

Global high-performance outdoor sports apparel and equipment manufacturer and retailer, Arc’teryx Equipment, is pushing forward with its European expansion plans with the announcement it is to open a flagship store in London. The Canadian retailer has signed a lease for the final two retail units at The Crown Estate and The Healthcare of Ontario...

Retail

Construction for Westgate Oxford Retail Center begins

Development for the new Westgate shopping and leisure center is officially underway in Oxford, UK. Westgate Oxford, which will span over 800,000 square feet and house 100 new stores, 25 restaurants and cafes, is due for completion in Autumn 2017. The 440 million pound development in Oxford is a joint venture between two of the country's leading...

RetailFeatured

Crown Estate signs deal for 'next generation' shopping park

The Crown Estate has confirmed that it is to fund the 140 million pound Rushden Lakes shopping park development in Northamptonshire, after purchasing the site from existing owner LXB Retail Properties. Billed as a ‘next generation’ shopping park, it will accommodate more than 400,000 square feet of retail and restaurant sites, and due to the...

Fashion

The Crown Estate renames part of London’s Regent Street

The Crown Estate, which owns property on behalf of the Queen, along with Westminster City Council has rebranded the southern most end of London’s Regent Street, south of Piccadilly Circus to be officially known as Regent Street St James’s. Part of the Crown Estates ongoing transformation of St James’s in central London, it is hoped that the...

Design

The Crown Estate invests in Mayfair

The Crown Estate, the Queen’s property company, which owns assets across London’s West End, including Regent Street and StJames’s, is adding a slice of Mayfair after purchasing a majority stake in the Pollen Estate, which includes Savile Row and Cork Street. Partnering with Norges Bank Investment Management (NBIM), The Crown Estate purchased a...

Fashion

Hunter to open first global flagship

Heritage footwear label Hunter is to open its first global flagship store on Regent Street in London, this autumn, to reflect the “new vision” of the brand. Hunter has signed an agreement with the Crown Estate to take over the former Gilly Hicks store at 83 Regent Street, which closed following Abercrombie & Fitch Group’s decision in November to...

Design

Regent Street launches social network hub

London’s Regent Street has launched its own online community that allows shoppers to connect with their favourite shops and restaurants. Called 24/7, the bespoke social media hub, pulls in comments made on social media platforms including Twitter, Facebook and Instagram, allowing customers to access all the information in one single online...

Fashion

Regent Street Scheme Seeks Top Brands

The Crown Estate is looking to attract international retailers with no current UK presence to its development at Chesham House in Regent Street, London. The GBP100m redevelopment on 132 Regent's Street is due to be completed by September 2005. With an abundance of retail space, it is likely to be subdivided into five units, with the top floors...