×
6 255
Fashion Jobs
PRIMARK
Stockroom Retail Assistant
Permanent · WAKEFIELD
FRASERS GROUP FINANCIAL SERVICES
Credit Risk Manager - Fraud
Permanent · CLAYTON-LE-MOORS
SPORTS DIRECT FITNESS
General Manager - Everlast Gyms
Permanent · BRISTOL
NEWELL
Performance Marketing Manager - Ecommerce
Permanent · LONDON
NEWELL
Digital Shelf & Experience Specialist - Ecommerce
Permanent · LONDON
NEWELL
Demand Planner
Permanent · BRISTOL
PRIMARK
Stockroom Retail Assistant
Permanent · WATFORD
SUPERDRY
Ecommerce Content Producer
Permanent · CHELTENHAM
TK MAXX
10933-Loss Prevention/Securityofficer
Permanent · Nottingham
TJX EUROPE
IT Engineering Manager
Permanent · Watford
TJX EUROPE
tk Maxx Leicester - Loss Prevention Officer (Security) - Full Time 37.5hrs
Permanent · Leicester
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, New Street
Permanent · Birmingham
GILLY HICKS STORES
Gilly Hicks - Brand Representative, Arndale
Permanent · Manchester
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Midsummer Place
Permanent · Milton Keynes
HOLLISTER CO. STORES
Hollister CO. - Full Time Stock Lead Associate, Trafford
Permanent · Manchester
TAPESTRY
Coordinator, Store Operations & Communications
Permanent · London
COACH
Analyst, Wholesale Operations
Permanent · London
COTY
Senior National Account Manager
Permanent · London
FRASERS GROUP
Warehouse Training Instructor
Permanent · SHIREBROOK
FRASERS GROUP
Facilities Coordinator
Permanent · LONDON
REISS
Partner Marketing Executive
Permanent · LONDON
REISS
Digital Marketing Executive
Permanent · LONDON
Ads
Published
Mar 30, 2022
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

GPE announces three key lettings as Tumi moves to bigger site, one major buy

Published
Mar 30, 2022

GPE -- formerly Great Portland Estates -- has been busy on the lettings and buying fronts. The London property giant has signed three retailers to take on a total 8,800 sq ft space with a combined rent of over £2 million per annum in its central London portfolio. Meanwhile, GPE has also purchased a 43,000 sq ft leasehold property, currently home to the Fashion Retail Academy, for £36.5 million.


On the move... luggage brand Tumi is moving to a new global flagship on London's Regent Street


First those lettings. International accessories brand Tumi is relocating to a new 3,570 sq ft global flagship store on a prominent corner at 128/130 Regent Street, with the ground floor and basement. The new flagship will showcase Tumi's new store concept and is anticipated to open in September with the travel brand's full collection of modern luggage on offer.

Mark McGuigan, Tumi General Manager UK & Ireland said: "The UK is a key market for Tumi, and the relocation of our flagship store… shows the confidence we have in London, and specifically the West End and Regent Street itself.”

The next two signings are more secretive. GPE has also let the adjacent unit (2,650 sq ft) at 126 Regent Street to an undisclosed retailer that is also relocating within Regent Street, "to create a new flagship offer".

In addition, one of GPE's joint ventures has let a further 2,590 sq ft unit at its recently completed development at 68 New Bond Street/Hanover Square to a “confidential luxury accessories brand”.

GPE said this is its fifth retail letting at Hanover, joining both Canali and Pronovias on New Bond Street and Moyses Stevens and Watchhouse within the courtyard space.

Sarah Goldman, Senior Portfolio Manager at GPE, said: "These three deals show that London's retail market is turning a corner. With footfall now recovering to pre-pandemic levels ahead of the Elizabeth Line opening in the coming months, it's an exciting time for these brands to be opening their latest stores in the capital."

And now for the purchase of 7/15 Gresse Street/12/13 Rathbone Place, also in London’s West End. The building has been home to the Fashion Retail Academy since 2005, which will remain in occupation “until the precise timing for its relocation to a larger new home is confirmed”.
 
The building, which sits in the heart of Fitzrovia, less than 200 metres from the Elizabeth Line Tottenham Court Road, and provides 43,000 sq ft of space across five floors, which will be redeveloped for offices.

Copyright © 2023 FashionNetwork.com All rights reserved.