Selfridges’ property portfolio value plummeted last year

Selfridges-Oxford-Street-East-Corner-at-Night

Source: Selfridges/Andrew Meredith

The value of luxury department store Selfridges’ property portfolio plummeted by more than half a billion pounds last year, according to reports.

Accounts for the department store’s property holding company show valuers marked down its £3.1bn of assets by £638.6m, a drop of 20.6%.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now