297
Fashion Jobs
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
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.