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ME+EM makes


it three Women’s fashion brand, ME+EM, has opened the doors of its third London outlet: a 1,000 sq ft store at 56 Ledbury Road W11.


Located in the heart of Notting Hill, the fashion retailer which is famously a favourite of the Duchess of Cambridge, joins other brands in the area including Petit Bateau, Penelope Chilvers and Matches Fashion.


Sara Law of Colliers’ Central London Agency team – which advised ME+EM on the acquisition – comments: “The new Notting Hill store follows the success of brand’s Connaught Street and Elizabeth Street stores, which have performed exceedingly well in a climate in which some retailers are really finding it more difficult.


“This is a testament to the quality of ME+EM’s products and its strategic online and offline presence.”


sara.law@colliers.com | +44 (0)20 7344 6849


£21.25m for retail parade


Colliers’ Retail Capital Markets team has advised on the £20.25m acquisition of a prime multi-let retail parade in Reading.


The asset currently produces annual rental income of £1.506m and its sale reflected a net initial yield of 6.71%


Colliers Director, Andrew Marshall – who advised the buyer – reports: “The investment at 54–60 Broad Street and 109-117 Friar Street is let to a variety of retailers including Pret A Manger, Next, Superdrug and Schuh.


“It represented an opportunity to secure a strong current income stream plus future asset management potential.”


andrew.marshall@colliers.com | +44 (0)20 7344 6805


Browse | Q3 2017


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