London’s Royal Exchange retail and dining space is being marketed for sale again, about four years after it was bought for close to £50 million. Multiple outlets report that The Ardent Companies, a US owner, has hired property agents to sell the site, described as a high-end retail hub within the City of London landmark. The space is reported to cover nearly 51,000 square feet and includes retail and dining offerings.
Evening Standard and other coverage say Ardent acquired the property in 2022 from Oxford Properties, paying close to £50 million for what is characterised as a luxury shopping location in the City. The current listings do not indicate a revised asking price in the provided articles, but they do confirm the return to the market and the involvement of agents.
Overall, the reporting aligns on the key points: the owner is Ardent, the property is the Royal Exchange retail portion, it totals around 51,000 square feet, it was purchased in 2022 from Oxford Properties for nearly £50 million, and it is now being put up for sale.
