2025黑帽SEO工具包|【唯一TG:@heimifeng8】|Telegram账号盗号云控破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Shaftesbury boosts London's Berwick Street ownership with new buy

Shaftesbury boosts London's Berwick Street ownership with new buyBy

Nigel TAYLOR Published
May 17025黑帽SEO工具包 2025

Landlord Shaftesbury, which owns a 16-acre portfolio in London's West End, has just got a little bigger in the prized retail area.


Shaftesbury expands its presence in London's Soho
Shaftesbury expands its presence in London's Soho



The property giant has acquired a 200-year leasehold in the lower floors of 92-104 Berwick Street, Soho, for £27.5 million, excluding purchase costs.
 
Bought from the administrator of Berwick Street Securities, the interest comprises around 15,600 sq ft of retail space. Capital expenditure of £2.6 million is anticipated to meet “market-standard specification now expected by occupiers”.

Simon Quayle, executive director, said of the acquisition: “We have always considered ownership of this frontage of over 250 ft at the busy southern end of Berwick Street, an important part of our long-term strategy for this north-south route through Soho. This acquisition will take our ownership of active frontages on Berwick Street to over 50%.”
 
For many decades, Berwick Street was home to market traders and textiles/haberdashery retailers but has since seen the area transformed into a more modern-day retail setting in what is a key part of the Soho area.
 
Quayle added: “The imminent opening of the Elizabeth [tube] Line, and Soho's special appeal to visitors and workers, we are confident in the letting and long-term growth prospects for this exceptional location.”
 
Shaftesbury, which has confirmed it is in merger talks with sector peer Capco that would see their combined portfolio including key central London shopping areas in Covent Garden, Carnaby and Soho, also said the recovery of the West End “is now firmly established” post-pandemic.

sport
Previous:Americans take to 'buy now, pay later' shopping during pandemic, but can they afford it?
next:Zalando puts physical retailers’ digitalisation at heart of growth strategy