Azeemeh Zaheer, head of Naissance Capital Real Estate, said..."the idea that both of our institutions have is: let's figure out a solution to keep the jobs and also looking at saving a real heritage brand of the UK that started a 159 years ago."
Should Mr Ashley reach a deal with Azeemeh Zaheer, the CEO of Naissance Capital, who is the owner of the building, and keep House of Fraser as a tenant he might look to bring in some of his brands. He could even look to refurbish and use the basement and the second and third floors.
