GPE looks to strengthen West End offer with three retail deals
Great Portland Estates (GPE) has announced that jewellery retailer Pandora will be opening its new concept store at its 70/88 Oxford Street development, taking the retail space to 96% let.
This follows yesterday’s announcement that GPE has signed deals with fashion brands Dsquared2 and Hackett, who will be joining the real estate investment trust (REIT)’s Hanover development.
The REIT said the signing of the three brands signifies continued demand for high-quality retail units across London’s West End.
The two-storey Pandora store will be the jeweller’s third on Oxford Street and will sit directly opposite the Tottenham Court Road Elizebeth Line exit.
The retailer will join competitive escape room concept Boom: Battle Bar, which opened at the end of 2022, and fashion retailer Reserved, occupying a total of 19,645 sq ft at 70/88 Oxford Street, set to open in the third quarter of 2023.
Sarah Goldman, senior portfolio manager at GPE, said: “As a hugely popular and globally recognised brand, Pandora will add to the premium retail offering across our wider West End portfolio. Together with Boom: Battle Bar and Reserved, the development is becoming a prime destination on the doorstep of the Elizabeth Line station at Tottenham Court Road.”