Number 26/27 Grafton Street Dublin, a unit located directly across from Brown Thomas Department Store is to get a €5million injection ahead of the new & Other Stories store. The refurbishment is being facilitated by Aviva Investors who own the unit, and will modernise the entire retail space along two floors and also considerable office space above the unit.
Aviva has also identified the opportunity to split the unit into separate unit and retail space to maximise return. The store will command a retail rent of €925,000 per year, which gathered intense competition from International retailers. & Other Stories will open later this year carrying a full range of affordable woman’s clothes, accessories and shows. The high end Swedish brand is part of the H and M group and is known for their distinct design element.