Oxford Street retailers rush
Park House, which is the largest project of the West End street for 50 years and covers the entire block, drew rents zone A approximately £ 600, nearly a record for the street.
Urban Outfitters and Zara are included among the retailers who have contracts in the hands of the Solicitors for 95pc retail space.
The application shows how the West End is flourishing as tourism booms and London consumers continue spending despite concerns économiques.Desigual, Spanish fashion chain accepted in August to pay £ 710 feet square for the current Disney Store highest ever accepted to the street.
Park House, which has 11 units, is expected to finish in November 2012 and includes 87,660 feet square space retailer nearest Selfridges, Primark and Bond Street tube.
There is a shortage of new space on Oxford Street, which means that rents are being operated significantly up as companies struggle to premiers.Selon land agents, some free space on the street retailers offer to pay premiums tenants of 10 million books on their rental agreements to control their magasin.French connection believes have been targeted, but does not exit.
Park House is developed by land securities, but was sold to Barwa, a property listed in the chain for 250 m vehicle £ in May.
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