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Meyer Bergman – Sale of Shopping Arcade in London

The London-based real estate investment management firm, Meyer Bergman, together with its JV partner, the American real estate company Thor Equities, have sold London’s iconic Burlington Arcade to a private investor for €340m (£300m). Since acquiring the luxury retail destination, the owners have performed several upgrades whilst maintaining its historic appeal. The arcade is located behind Bond Street from Piccadilly to Burlington gardens.