Property tycoons Simon and David Reuben have completed on the £300m acquisition London’s global luxury retail destination Burlington Arcade from Thor Equities and Meyer Bergman.
The duo achieved a substantial profit on the sale of the “iconic retail landmark” in Mayfair having acquired it from a private family trust for £104m in 2010. During its ownership, the duo have re-positioning the 0.5 acre retail arcade, which links Piccadilly and Bond Street, to focus on luxury brands.
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