Rolex buys Patek Philippe Mayfair store

[gunner]

Looks like the Hans Wilsdorf Foundation, the parent company of Rloex, has bought Bond Street House where PP run their Mayfair store.

Interesting...

[adrianw]

Is that the one with the stupid window displays, huge windows, a load of stuff.................................and a watch

[MrBanks]

Similar to when McDonalds went from being a fast food company to a real estate business; the only difference is you can walk into a McDonalds and usually walk out with what you want (unless it's ice cream).

[Sinnlover]

Is that the one with the stupid window displays, huge windows, a load of stuff.................................and a watch

Well it’s one more watch than the Rolex window will have in it once the fit out is complete

[thenikjones]

Similar to when McDonalds went from being a fast food company to a real estate business; the only difference is you can walk into a McDonalds and usually walk out with what you want (unless it's ice cream).

or milkshake

[MartynJC (UK)]

Looks like the Hans Wilsdorf Foundation, the parent company of Rloex, has bought Bond Street House where PP run their Mayfair store.

Interesting...

All for a good cause I’m sure

[100thmonkey]

Will it remain PP! Or will they gift it to WOS to masquerade as thier outlet ???

[Umbongo]

Looks like the Hans Wilsdorf Foundation, the parent company of Rloex, has bought Bond Street House where PP run their Mayfair store.

Interesting...

Source?

[Buster73]

Looks like the Hans Wilsdorf Foundation, the parent company of Rloex, has bought Bond Street House where PP run their Mayfair store.

Interesting...

A nice investment property then ?

[Boss13]

Source?

+1

[funkstar]

Latest in the property news:

London-based asset manager Aermont Capital has bought the long leasehold to Bond Street House, W1, a prime block which contains the London offices of fashion house Chanel, for £150m. Bond Street House sits on the corner of New Bond Street and Clifford Street and is being sold by Mark and Thor Equities. Aermont is understood to have bought the building for a private investor. The block also houses the London flagship store of luxury watchmaker Patek Philippe, which occupies a 914 sq ft art deco-style salon space on the ground floor. Agents at RX London and Michael Elliott were appointed last year to market the property for £150m.

[Devonian]

Well with Wempe losing their Rolex AD . . . . .

[PSTW]

Interesting… the only way for Rolex to sell any watches to the general public is for them to sell Patek Philippe!