Burlington Arcade

Burlington Arcade (credit: Andrew Dunn via Wikimedia)

A historic London shopping centre is getting ready for its ultimate sale… itself.

Burlington Arcade, in the capital’s swanky Mayfair neighborhood will阿拉爱上海同城

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soon be put on sale for £400 million (approximately $505 million), reports The Spaces.

Commissioned by Lord George Cavendish and designed by archite上海同城对对碰交友社区

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ct Samuel Ware, Burlington Arcade opened 上海龙凤论坛sh1f

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in March 1819, for “the gratification of the public and to give employment to industrious females.”

Nearly 200 years later it’s the UK’s longest covered shopping street上海龙凤论坛sh1f

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, and reportedly attracts over 3 million visitors each year.

It last changed hands in 2010, when Thor Equities and Meyer Bergman snapped it up for a much smaller sum of £104 million (approximately $130 million), and it’s home to a host of luxury brands including Chanel, Manolo Blahnik and The Vintage Rolex Watch Company.

“The Burlington Arcade is a historical and architectural masterpiece, and one of the most renowned retail destinations in the world,” said Joseph Sitt, chief exec新上海贵族宝贝论坛

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utive of Thor Equities to The Spaces. “With its magnificent redesign and new luxury tenants, the property will remain a treasured London destination for generations to come.”

[The Spaces] Liz Lucking

Tags: London
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