Hines invests in Oxford Street

New retail space Oxbourne House is ready to lease

Hines has launched the retail space available to lease in the flagship new store it is developing on the north side of Oxford Street, located above the Bond Street Underground station

The development, known as Oxbourne House, will comprise over 5,000 sq ft of retail space across the basement, ground and first floors, with the detached building providing25 m of double height frontage on one the busiest shopping street in Europe.

Hines acquired the development site from Transport for London (TfL) earlier this year on behalf of the Hines European Value Fund and is also creating a high-quality residential accommodation across the four upper floors.

Emme Haycock, asset manager at Hines UK, said: “Oxford Street is one of the most iconic, popular streets in London, visited by over 4 million people each week. It’s rare for a brand-new retail development to arrive on the street so this represents a unique shop window in an unparalleled location alongside the world’s biggest shops and brands. We’re proud to be part of this evolution and believe Oxbourne House represents a fantastic addition to the street which fully merits the prestigious address.”

Colliers International and Savills are supporting Hines in selecting a retailer to lease the space.

 

share on:

Leave a Response