Hines buys Oxford Street site

 

US-headquartered investment firm and property investor Hines has acquired 354-358 Oxford Street for around £41 million from Transport for London.

The site which is currently vacant, is next to the Disney store and directly opposite the main Bond Street station exit on Oxford Street.

Privately-owned, Hines plans to create a scheme drawn up by architects at Fletcher Priest, comprising new shops and eleven apartments with an estimated GDV of around £70m.

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