London’s Royal Exchange adds string of new retailers
The Royal Exchange in London is repositioning itself as “the only contemporary luxury shopping destination” with the announcement of five new lettings.
The iconic Grade I building in the heart of the City of London, officially opened by HRH Queen Elizabeth in 1571, belongs to Oxford Properties since 2013.
Luxury leather goods brand Aspinal of London, espresso bar Grind & Co, swimwear label Orlebar Brown, jewellery retailer Halcyon Days and eyewear company TD Tom Davies have all acquired units in the 46,241 sq ft scheme.
TD Tom Davies is set to open its fourth store at The Royal Exchange this autumn, alongside Halcyon Days which opened its first store in the City earlier this week. The brands will be joining other new retailers to the scheme, including Orlebar Brown and Aspinal of London, who signed a new five-year lease in June following a successful period running a Christmas pop up store at the scheme.
Jonathan Harley, Associate Asset Manager at Oxford Properties, said: “We are delighted to announce so much activity over the last nine months. The Royal Exchange is home to an unrivalled collection of contemporary and luxury brands, and is where the City converges to meet, eat and shop. We are confident the introduction of Aspinal of London, Grind & Co, Orlebar Brown, Halcyon Days and TD Tom Davies will add a complementary offering to the products and services currently available within the iconic building.”
CBRE acted as leasing agent for Oxford Properties. Steven Stedman, Executive Director, Central London Retail at CBRE, said: “The Royal Exchange is part of the very fabric of London and its bustling location makes it an ideal base for both luxury retailers and exciting restaurant brands. The five new tenants will further enhance what is already a diverse offering.
Other boutiques in the 16th century building include Lulu Guinness, Agent Provocateur and Paul Smith.
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