Luxury property investor Tribeca to buy Oxford Street property for £130m

Luxury property investor Tribeca Holdings has bought a row of properties opposite Oxford Street’s Selfridges for £130m.

The site, 431-451 Oxford Street, comprises of nine stores, offices, apartments and 53,000 square feet of space. The sale will be the second-largest mixed-use property deal in West End.

Bloomberg reports that the company is setting up a venture with an undisclosed company to by the site.

Current owner of the site is Structadene Ltd. run by London-based entrepreneur David Pearl.

Tribeca, which is managed by Irish investor Aidan Brooks, is also known be negotiating a deal to buy Old Spitalfields Market.

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