Hines acquires Bond St station site from TfL for resi-retail scheme

Hines 354 358 Oxford Street

US investor Hines has acquired a site opposite Bond Street underground station from Transport for London and plans to create a new £70m residential and retail scheme.

Hines has bought 354-358 Oxford Street for a price in excess of £40m from TfL for its European Value Fund (HEVF). The site is the fifth asset for the fund with €720m of equity commitments, and its first in London.

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