A Canadian investor has reportedly bought the new shopping mall the Clarendon Quarter in Oxford.

The Crown Estate also tried to buy the Clarendon Centre which has been acquired by Bitcoin and gold trader Roy Sebag, according to Estates Gazette.

Offers in excess of £30million were reportedly sought by Global Commercial Real Estate Services (CBRE UK) who declined to comment.

Oxford city councillors unanimously approved the redevelopment of the Clarendon Centre in 2022.

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Vendor Lothbury Investment Management was granted consent for a mixed use scheme comprising research and development laboratories, offices and student accommodation, as well as shops and restaurants.

There will be a public square in the city centre and spill-out spaces for cafés.

In July Lothbury sold the North Bailey House offices, the first phase of the redevelopment, to Brydell Partners for around £21 million, it was reported.

All six floors have been pre-let to Ryze Hydrogen, a leading supplier of the UK’s hydrogen and hydrogen infrastructure.

The laboratory space will be developed in partnership with Oxford Science Enterprises for university spin-outs.

The last of three phases at the centre could be complete by 2028 or 2029.