Leading retailers are paying multi-million-euro pound lease premiums, or key money, in London as the race for space continues on top high street locations such as Oxford Street, Regent Street and Bond Street. According to figures released by Cushman & Wakefield, US retailer Forever 21 recently paid a staggering £13.75 mln in key money for HMV’s lease on Oxford Street. Meanwhile Hollister is rumoured to be paying £10 mln key money for the National Geographic Store at 83-97 Regent Street. Last summer, French retailer Chanel paid £7 mln to secure Nicole Farhi’s store on New Bond Street
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