Ivy Restaurant Slated for Brum
Temple Row Debut for Celebrity Favourite
Troia UK, operating as The Ivy, is opening a new restaurant at 67-71 Temple Row.
The restaurant group has agreed a 25-year lease on the former Austin Reed unit and the adjacent store, currently occupied by Louis Vuitton.
Fit-out of the 7,000 sq ft unit is expected to commence in early December, once Louis Vuitton relocates elsewhere within the city.
The upmarket brasserie and bar will open in the first quarter of 2018.
The original Ivy in London’s Covent Garden marked its 100th anniversary this year. The celebrity favourite is expanding in the UK regions under its Ivy Collection brand.
Stelios Demetriou, retail and leisure associate director at the Birmingham office CBRE, let the premises on behalf of landlord EPIC.
He said: “The interest from restaurateurs for these premises has been phenomenal and we are thrilled to have secured such a prestigious name.
“67-71 Temple Row provides an exceptional central location overlooking the historic St Philips Cathedral and delivers unique space that complements the Ivy brand.”
The Ivy was advised by Teague & Capital Ltd.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.