71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
Permanent · CAPE TOWN
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
Published
Dec 7, 2017
Reading time
2 minutes
Download
Download the article
Print
Text size

Carnaby Street owner Shaftesbury raises new funding, buys more sites

Published
Dec 7, 2017

Property owners are big news in the UK following Wednesday’s proposed Hammerson-Intu merger and while London-focused Shaftesbury is small compared to the mega-company the two giants are going to create, it also has plenty of news of its own.


Shaftesbury is expanding its ownership of the area around Carnaby Street



The Carnaby Street owner wants to acquired more space in central London and launched a £265 million fundraising to pursue that aim. 

It is using much of the cash raised to buy two Soho buildings, including  a block in Broadwick Street, Soho for £92 million. While that building is currently focused on offices and homes, analysts said that it has potential to be converted to retail use as the Soho area sees a new momentum once the area’s major transport projects are completed. 

Work in the West End is expected to boost footfall there by 60 million starting next year and Shaftesbury’s careful stewardship of Carnaby Street and large parts of Soho have helped boost their appeal to fashion retailers in recent years.

Shaftesbury will also hold back some of the funds raised for any future opportunities and will spend some of the proceeds on refurbishing existing properties.

CEO Brian Bickell said: "We are pleased to have secured the important, strategic ownership of 72 Broadwick Street, in the centre of Carnaby. It offers exciting opportunities to reconfigure space on the lower floors to provide new restaurant and retail space, adding to Carnaby's renowned variety of shops, restaurants and leisure choices. 

“The upgraded office and residential accommodation will benefit from their proximity to the new Crossrail ticket hall on Dean Street and Broadwick Street's growing profile and footfall as a major east-west route in Soho.

"Securing additional equity will support the continuing expansion of, and investment in, our exceptional portfolio located in the heart of London's West End."

Copyright © 2024 FashionNetwork.com All rights reserved.