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Inditex buys premises of Zara's flagship store‎ in London
19
Jun '12
Inditex has acquired the premises of Zara flagship store at the intersection of Oxford and New Bond streets in London (United Kingdom), one of the top fashion retailing destinations worldwide.

The 7,000-square-metre property is home to one of the most emblematic Zara stores in the world. The building has 3,155 square metres of prime retail space and 3,855 square metres of prime office space leased by third parties.

The investment of GBP 155 million takes advantage of this rare opportunity to acquire, from the German fund manager Deka, such unique premises consolidating Inditex’s presence in UK.

Inditex’s expansion strategy remains focused on opening stores on a leasehold basis. The Group has 96 stores in the UK, including a major presence of Zara, Massimo Dutti, Pull&Bear, Bershka and Zara Home retail concepts in London.

Inditex

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