Media

Zara to open flagship store at Westgate, Oxford

9 April 2018

The Westgate Oxford Alliance, a joint venture partnership between Landsec and The Crown Estate, today announces that leading fashion retailer, Zara, will move to a flagship location at Westgate, Oxford. The new store is due to open later this year.

Zara will move from its current Oxford location and will almost double in size to open a three-storey, 39,500 sq. ft. store along the North Arcade of Westgate. The store will be offering the latest trends in clothing for men, women, and children.

Joe Grimes, Inditex Real Estate Director for UK & Ireland, acting on behalf of Zara, said: “We are delighted to have agreed terms for this very exciting relocation and to be delivering our full product range to the Oxford market in the near future. We look forward to working with the Westgate Oxford Alliance in the coming months to secure an opening for this calendar year.”

Russell Loveland, Senior Portfolio Director, Landsec, said: “Zara’s decision to relocate to Westgate reflects the centre’s position as the prime destination for retailers. We’re committed to providing the best experience possible for guests and are confident that Zara will further enhance the experience of visitors to Westgate.”

Zara joins an impressive fashion offering at Westgate, including Uniqlo, & Other Stories, Cos, Ted Baker, Hugo Boss, Gant, Mint Velvet and Reiss.

Ends

About Landsec

At Landsec, we believe great places are for people to experience and are made with the experience of great people. As the UK’s largest listed commercial property company, with 23.7 million sq ft of real estate and a portfolio valued at £14.2 billion, we own and manage some of the most successful and recognisable assets in the country.

In London, our portfolio totals more than £7.8 billion, and consists of 6.5 million sq ft of real estate. From the world-famous Piccadilly Lights to the transformation of Victoria, SW1, we deliver exceptional experiences for the businesses and people that live and work in, and visit, the capital.

In Retail, across our 17.2 million sq ft of assets, we create outstanding experiences for customers and guests alike. Combined with the strength and resilience of our portfolio, this means we regularly outperform industry benchmarks for footfall and sales. We offer more than convenience and choice, recognising that memorable destinations are key to attracting the shoppers and retailers of today, and tomorrow.

We also aim to lead our industry in critical long-term issues – from diversity and community employment, to carbon and climate resilience. Everything we do is grounded in experience and begins with people. We deliver value for our shareholders, great experiences for our customers and positive change for our communities. At Landsec, everything is experience.

Please contact:

Press

Danielle Dominey - Danielle.dominey@landsec.com - 020 7024 5241

Investors

Edward Thacker - Edward.Thacker@landsec.com- 020 7024 5185

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