property news and archive

Bestseller's Anders Holch Povlsen eyes up property on Oxford Street

Anders Holch Povlsen, the CEO and sole owner of fashion conglomerate Bestseller, has his sights set on taking over the next redevelopment opportunity available on London's Oxford Street. The Danish billionaire is currently seeking to purchase a number of assets located between Hanover Square and Oxford Street, for the neat sum of 172 million...

Retail

Fashion labels help boost commercial property in London W1

A new report published by global real estate firm Savills has revealed a 300 percent increase of fashion labels renting out space on Dover Street and Albemarle Street in London W1 since 2007, with the presence of designer brands such as Victoria Beckham and Alexander Wang increasing the areas profile. The report found that the number of fashion...