Tulliallan Burlington has appointed Savills as the sole leasing agent at the Burlington Arcade shopping emporium in Mayfair.
The arcade, which is one of the world’s oldest luxury shopping designations, attracts 4.5 million visitors per year and is home to flagship stores from the likes of Begg X Co, Globe-Trotter and Manolo Blahnik.
Richard Scott, director in Central London retail at Savills, said: “We are pleased to announce our appointment as the leasing agent for Burlington Arcade. London is a luxury powerhouse, and Mayfair is a lucrative market for premium brands looking to make the most of a concentration of wealthy residents in an affluent London neighbourhood, a trend that we have seen pick up pace following the pandemic and its confinement of domestic luxury spend.
“We can bring our prime global retail network in the luxury world to this instruction, and look forward to working on the historic arcade, home to some of the most esteemed brands.”
