Sunday, May 11, 2008

Foyle bids for Charing Cross Road neighbour

Foyles could tighten its grip on London's Charing Cross Road after the independent bookseller's chairman Christopher Foyle bought the building next door. Foyle's investment company Noved acquired the site of 111 Charing Cross Road for an undisclosed sum. 107–111 Charing Cross Road, approximately 115,000 sq ft, is currently the home of Central St Martins School of Art. The school will move to a new site in 2011, and Foyle said Noved was also bidding for 107 and 109. - From The Bookseller
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