Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON-Department store group Allders has taken a lease from Redevco, the property arm of the Dutch retailer C&A, on the 100,000 sf former C&A store at the Marble Arch end of Oxford Street in London’s West End. It will trade from 72,000 sf on three floors, and will use the remaining space to house its corporate headquarters, which will be relocating from Croydon, South London.

The store is expected to open in mid 2002, although the headquarters will move in late 2001. Allders has acquired eight new stores in the past year – seven former C&A branches in Oxford Street, Guildford, York, Kingston, Sheffield Meadowhall, Leicester and Watford, together with a newly built store at the Brewery, Romford. The stores have a combined floorspace of over 300,000 sf and the company has a target of adding 1 million sf to its original portfolio.

Allders Chief Executive Harvey Lipsith said: ‘The acquisition of a West End store is significant, not just as a further step towards the achievement of our space growth objective, but also in enhancing the profile and perception of the company. The Allders offer will be an exciting addition to the country’s most vibrant and competitive retail location.’

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.