Swatch Group acquires New Bond Street building

Swatch Group has acquired a prestigious property on one of London’s most luxurious thoroughfares, at 171 New Bond Street, which has housed a salon for the Group’s international luxury brand Harry Winston since 2006. The building, constructed in 1856, has 562 sqm spread over five floors and was acquired for around CHF 90 million. In the first half of this year, the Group had already acquired a prime 1,347 sqm property at 32-33 Old Bond Street for around CHF 120 million, and a store on the Champs-Elysées in Paris. The Salon at 171 New Bond Street features Harry Winston’s most exquisite collections of fine jewellery and timepieces.