×
3 684
Fashion Jobs
SHISEIDO
Shiseido Account Manager - h Beauty Edinburgh (37.5 Hours)
Permanent · Edinburgh
SHISEIDO
Clé de Peau Beauté Account Manager - h Beauty Edinburgh (37.5)
Permanent · Edinburgh
TJX EUROPE
Merchandising & Buying Placement Programme (2023)
Permanent · Grand Londres
TK MAXX
Loss Prevention Advisor-tk Maxx Balham-Full Time
Permanent · London
TK MAXX
tk Maxx - Loss Prevention Officer - Full Time - Ilford
Permanent · Ilford
MULBERRY
Commercial Finance Manager – UK/ eu Trading & Global Revenue
Permanent ·
UNDER ARMOUR
Stock Teammate, pt (32 Hours)
Permanent · BICESTER
HUGO BOSS UK LTD.
Warehouse Operations Manager
Permanent ·
HUGO BOSS UK LTD.
Finance Analyst - Ecommerce
Permanent ·
HUGO BOSS UK LTD.
Project Coordinator
Permanent ·
NEWELL
Sales Manager (a&c) - Ecommerce
Permanent · LONDON
NEWELL
International Tax Manager Emea
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · HORSHAM
JOHN LEWIS
Loss Prevention Partner
Permanent · HIGH WYCOMBE
FRASERS GROUP
Warehouse Shift Manager - Day Shift
Permanent · SHEFFIELD
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · MACCLESFIELD
FRASERS GROUP
CRM Assistant
Permanent · SHIREBROOK
EVERLAST GYMS
General Manager - Everlast Fitness
Permanent · SOUTHPORT
BOOHOO GROUP
us Compliance Analyst
Permanent · MANCHESTER
HARRODS
Manager - Online Administration And Returns
Permanent · THATCHAM
FARFETCH
Senior Legal Counsel - Commercial
Permanent · LONDON
FRASERS GROUP
Delivery Manager
Permanent · BASINGSTOKE
Ads
Published
Feb 15, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Max Mara owners spend £141m on Bond Street flagship

Published
Feb 15, 2018

The owner of Max Mara has purchased a Grade II listed building on London’s Bond Street which has been home to Salvatore Ferragamo’s flagship store since 1967.


Photo: CBRE


Unity Re, the investment vehicle owned by the Maramotti Family, which also owns Sportmax and Marina Rinaldi, purchased the 14,000 sq ft building at 24 Old Bond Street for £141m.

The building includes the Salvatore Ferragamo store, which occupies the ground floor corner unit with Burlington Gardens, as well as multi-let offices on the upper floors.

Salvatore Ferragamo represents 85% of the total income of the property and has 15 years left on the lease, which means Max Mara could only relocate to the 24 Old Bond Street unit in 2033. The luxury fashion house has a nearby flagship store at 19-21 Old Bond Street.

Richard Alsop, Senior Director at CBRE, said the sale confirms the continued attraction of Bond Street for global investors with Crossrail and other works "driving confidence in the market." He expects further investment activity in 2018, but said opportunities to buy prime assets are becoming "increasingly rare.”

Copyright © 2023 FashionNetwork.com All rights reserved.