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New retailers locating to Davies Street, W1
London, 23rd September 2013 - A trio of lettings to high-end luxury brands has completed on Davies Street, Mayfair, highlighting the increasing demand for central London space from existing retailers and new market entrants.
Jones Lang LaSalle’s Central London Retail team advised landlord, Capital & City on the lettings.
Antiquities gallery Kallos has taken numbers 14-16, while Spanish jeweller Arjandas and Italian fashion brand Domenico Vacca will open their first London stores at numbers 20 and 18 respectively.
Established in 2002, Domenico Vacca is famous for its handmade clothing for men and women. Owner and designer Vacca has dressed celebrities including Glenn Close, Denzel Washington and Dustin Hoffman. Anil Arjandas established his jewellery brand 13 years ago and has two stores in the southwest region of Marbella.
Jones Lang LaSalle is currently marketing a 1,950 sq ft gallery/ showroom located within the same building.
Duncan Gilliard, Director in Jones Lang LaSalle’s Central London Retail team, commented: "Strong demand from luxury brands in the West End at present, means we are seeing increasing expansion of the areas that retailers are looking to locate to. High demand for Mount Street and lack of availability means that Davies Street is attracting high end retailers, and we would predict that the quality of tenant mix and rents will continue to grow on Davies Street over the next 12 months. It is interesting that it is also where new market entrants are looking to locate.”
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Lauren Keith - PR
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