H&M billionaire appoints F&B agents for former Oxford Street Debenhams site

Swedish billionaire Stefan Persson, the owner of Ramsbury 334 Oxford Street, has appointed consultancy firm Bruce Gillingham Pollard as the F&B leasing agents for The M Building. Located on 334 Oxford Street, W1C, The M Building is the repurposed former Oxford Street Debenhams site which is owned and fully developed by Ramsbury in partnership with development advisors, Capital Real Estate Partners. The new building comprises 280,000 sq ft of workspace across nine floors, retail space and 13,035 sq ft of terraces. The F&B units within the building consist of a 6,391 sq ft unit that is targeted for a flagship restaurant and a second unit of 4,166 sq ft. Viewings are now underway with proposed opening dates in summer 2026. Last year, advisory firm BDO signed a long-term lease for its new UK headquarters, taking 220,000 sq ft at The M Building. The firm has plans to relocate to the building in autumn 2027. The building will open later this year. Lendlease is the main contractor of The M Building, and it is designed by AHMM architects. Ramsbury is controlled by Swedish entrepreneur Persson who is the son of the founder of H&M. Persson also holds a 36% stake in H&M Group individually, making him Sweden’s richest person.  Tracey Pollard, co-founder and managing director of Bruce Gillingham Pollard, said: “M Building’s location at the heart of Oxford Street presents an exceptional opportunity. Our specialist team is looking forward to bringing exceptional F&B operators to this development which is set to transform London’s most iconic shopping street.” CBRE is the office agent for the building. Image © VMI studio