Commercial property company Great Portland Estates PLC on Thursday said it has let 20,000 square feet of retail space at the Mount Royal asset in London.

The London-based firm said it has let space to gaming firm Activate, toy shop Keikoo, and restaurant Caffe Concerto. The firm expects the new retail units to open in 2025.

The three companies join TK Maxx, which expects to open its 22,500 square feet Oxford Street flagship at Mount Royal later this year.

Great Portland added that it has now secured new lettings on ‘almost 60%’ of the space available at Mount Royal.

GPE’s Head of Retail Sarah Goldman commented: ‘Having a diverse offer of retail brands at Mount Royal shows that we are committed to creating a true destination that will continue the much-needed retail revolution we are seeing on Oxford Street.’

Great Portland shares were down 0.6% to 336.00 pence per share in London on Thursday afternoon.

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