×
172
Fashion Jobs
RJCUBE STAFFING SOLUTIONS PVT LTD
Merchandising Manager For Garments Buying House, Noida
Permanent · Noida
ADD UR CO LLP
Production Manager
Permanent · Chennai
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
LEVI'S
Manager, Retail Merchandising (Ebo)
Permanent · Bengaluru
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Warehouse Supervisor (Apparel Industry Exp. Must) Manesar
Permanent · Gurugram
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
Published
Mar 2, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

More than 20% of London’s Oxford Street now owned by Hong Kong Investors

Published
Mar 2, 2017

Hong Kong investors are currently the largest single group of overseas owners on London's Oxford Street, according to international real estate advisor Savills.


Oxford Street is home to many national and international retailers, including Selfridges, Zara, Topshop and M&S - New West End


More than half of all stores on Oxford Street are now owned by overseas investors, 21.1% of which are owned by investors from Hong Kong. The data comes as Savills reveals that Hong Kong ownership on East Oxford Street has risen by 66.7% in the last two years, partly due to occupational demand linked to the Crossrail development at Tottenham Court Road.

When the Crossrail project is complete, Tottenham Court Road will be one of London’s busiest stations, with more than 200,000 passengers passing through every day. This has boosted international ownership on East Oxford Street, growing from 22.2% to 41.9% since December 2014, according to Savills.

But the Crossrail project is not the only factor contributing to the growing appeal of the east end of Oxford Street. The possible pedestrianisation of the shopping street and the volume of new office development are also likely to be attracting overseas investors to the area.

After Hong Kong, the next largest share of non-UK owned stores on the street is held by investors from Ireland (15.8%), followed by Spain (14.9%), Abu Dhabi (8.8%) and Qatar (7.9%).

Increased international ownership will be “a good thing for the street, bringing with it investment and value add initiatives which in turn attract new retailers,” commented Marie Hickey, retail research director at Savills.

“The internationalisation of Oxford Street's retail offer has gone hand in hand with that of its ownership,” added Sam Foyle, Oxford Street specialist.

“What is really interesting is the increasing appeal of the eastern end of Oxford Street to international buyers. Obviously the Crossrail story is compelling, but factor in the possible pedestrianisation and the volume of new office development envisaged for that end of the street, and it is apparent that the footfall and spend dynamics is set to receive a real boost. This is attracting the retailers and in turn the investors.”

Copyright © 2022 FashionNetwork.com All rights reserved.