354-358 Oxford Street, London set for new £70 million building
The current vacant spot on Oxford Street that sits alongside the Disney Store and opposite Bond Street underground station, 354-358, is set to become a new £70 million building after being acquired by Hines (US-headquartered investment firm).
The building will become a new selection of retail outlets and luxury apartments.
This is seen as great news for London and for investment in to the capital ahead of Britain’s exit from the EU that should be happening in March and of which further pushes aside attempts at negative scaremongering re the Brexit effect.
Full story can be read on IPE Real Assets.