The sale of Topshop’s iconic Oxford Street flagship has kicked off, with a portion of the funds from the £420m sale allocated to Arcadia’s pension scheme.
The sale of Topshop’s London flagship on 214 Oxford Street is being run by real estate adviser Eastdil Secured on behalf of KPMG, which has been appointed administrator to Redcastle 214, the company that held the building when Topshop parent company Arcadia fell into administration last November.
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