Chopard will pay the Pollen Estate a record rent to secure its long-term future in New Bond Street.

 

The jeweller will pay £1,300 a sq ft to occupy 12 and 13 New Bond Street, in the West End of London, when the two stores are redeveloped. Deloitte Real Estate and Kitchen La Frenais Morgan advised the Pollen Estate. Savills expects Bond Street rents to reach £1,500 in the next year. Breitling will open a store in June in the former home of Diesel. Vacheron Constantin will open his first London boutique later this year designed in the style of a gentleman’s club lounge.