LONDON - Paris' luxury fashion street Avenue Montaigne has a British newcomer. Burberry will now count the likes of Prada, Bottega Veneta and Jil Sander as neighbors on 17-19 Avenue Montaigne.

Two luxury buildings on Avenue Montaigne are also included in the portfolio. “We are very pleased with this partnership, which allows us to secure for the long-term, highly prominent retail ...