Orchard Street concludes letting to Monsoon Accessorize at West One

19 September 2008

Orchard Street Investment Management, a leading UK specialist commercial property investment manager, has concluded a new letting at the West One Shopping Centre to Monsoon Accessorize. West One is positioned above Bond Street Tube Station, London, on the south side of Oxford Street, and last year had a pedestrian footfall of over 19 million people – making it one of the busiest retail locations in London. The letting is at £127,000 per annum on a new 10 year lease. West One comprises of 21 retail units and kiosks in total and Monsoon Accessorize adds a further fashion outlet, which already includes Claire’s Accessories, Tie Rack and Dorothy Perkins, alongside Starbucks, Pret a Manger, Marks & Spencer Simply Food and McDonald’s amongst others.

Chris Bartram, Chairman of Orchard Street Investment Management, commented:

“We are delighted to have attracted Monsoon Accessorize to West One. The Concourse and Mall levels of the Shopping Centre are developing strongly as a very special retail location. We have further plans to add to the retail mix over the next 12 months as the Centre continues to grow in importance in the Oxford Street context.”

Jones Lang LaSalle acted for Orchard Street and Savills acted for Monsoon Accessorize.

Further information on the scheme can be seen at

www.west1shopping.co.uk.

END

For more information:

Dido Laurimore/ Talia Shirion
FTI Consulting
+44 (0)20 3727 1000
osim [at] fticonsulting.com

Notes to Editors:

Orchard Street Investment Management

Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £4.2 billion of AUM (as at 30 June 2022). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.