Selfridges is buying a £130m office block next to its iconic store on Oxford Street, W1, as it looks embark on an ambitious expansion plan.
The retailer will today sign a deal to buy Nations House at 103 Wigmore Street from Hermes Real Estate Investment Management.
The 103,000 sq ft building is located behind the Selfridges store and could make way for a planned expansion.
Shard architect Renzo Piano was appointed in May to design an extension, which could include a hotel, retail and office space.
CBRE is advising Selfridges and Hermes.
jack.sidders@estatesgazette.com
