Aspida Capital acquires retail site in London’s Oxford Street
Aspida Capital, a family office specialising in investment and asset management in UK real estate, has purchased 105-109 Oxford Street in London for £18.5 million, in partnership with another family office.
Home to two long-term retail tenants, Flying Tiger and Harmony, the site was previously owned by Thor Equities who acquired the building in 2015 for £42 million.
Antony Antoniou, managing director of Aspida Capital, said: “Oxford Street is reclaiming its crown as the UK’s top retail destination.
“What started with the Elizabeth Line drawing increased footfall is now being cemented with the £1 billion investment in the flagship retail stores for international brands.
“This acquisition represents a very attractive investment opportunity, with excellent scope for both rental and underlying asset value growth, over the short to medium term.”
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