Tiffany Seeking £80 Million Sale Leaseback of Flagship Bond Street Store in London

Hemscott - June 10, 2007

The iconic Old Bond Street store owned by Tiffany & Co has been put up for sales for 80 mln stg, The Sunday Express reported, without naming sources. Tiffany is believed to have appointed property agents Harper Dennis Hobbs to market the store to ultra-rich individuals in a process that will begin this week, according to the newspaper. The newspaper said the store, which is being sold on a sale and leaseback basis, will be bought by either a wealthy Irish or Arab investor. Sphere: Related Content