New Selfridges owners plan to add hotel and apartments to Oxford Street flagship

Selfridges Oxford Street Photo Credit Andrew Meredith

Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.

The new owners of Selfridges, which was recently sold by the Weston family, believe they can unlock substantial further value in its Oxford Street flagship by diversifying its current offer.

Thailand’s Central Group and the Austrian property firm Signa bought Selfridges for $5.4bn (£4bn) from the Weston family last week.

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