Industrial developer Bloom and investor Angelo Gordon have purchased a prime industrial estate in Park Royal, West London. The estate was acquired from Schroders Capital for an undisclosed amount. The freehold estate on Eldon Way is made up of 12 units totalling 30,428 sq ft. 11 of...
The Mayor of London’s Old Oak and Park Royal Development Corporation (OPDC) has adopted its Local Plan, a planning policy framework paving the way for 25,000 new and affordable homes and 56,000 new jobs in the Old Oak and Park Royal Opportunity Area. OPDC submitted the...
GLi have secured a pre-let of their prime urban logistics hub PR1 in Park Royal with Classic Fine Foods. Classic Fine Foods, part of Metro AG, is an international food company which delivers, on demand, the highest quality of ambient, fresh and frozen products to the...
Valor Real Estate Partners has acquired an urban logistics asset at Park Royal for £40million, comprised of 55,000 sq ft of warehouse space across two units. The units are currently fully let to independent food and wholesale businesses. Gavin Quinn, senior vice president at Valor, said: “Park...
Cadillac Fairview and Boreal IM have acquired Nucleus, an estate of four fully leased warehouses, in Park Royal. The new West London asset spans almost 130,000 sq ft and is let to a variety of occupiers, including DPD. The JV also purchased six warehouses in Rotterdam. Louis-Simon Ferland,...
Canadian fast food chain Tim Hortons has revealed it will open its first London restaurant at Park Royal. The 4,209 sq ft site will offer dine-in, drive-thru, and delivery options for customers and bring the brand’s “Canadian charm” to the capital. Kevin Hydes, chief commercial officer at...
SEGRO has completed the purchase of additional London acquisitions, including Grand Union Trade Park in Park Royal. Grade Union Trade Park, adjacent to SEGRO-owned Tudor Industrial Estate and Premier Park, is comprised of 100,000 sq ft of industrial space spanning more than four acres. The estate...
The Mayor of London, Sadiq Khan, has appointed two seasoned regeneration and development experts to the board of the Old Oak and Park Royal Development Corporation (OPDC). Aman Dalvi OBE and Jon Milward will join OPDC’s Board to help spearhead the delivery of tens of thousands...
London is set to benefit from a new film and TV production space. The £20million 45,000 sq ft development is being built at Premier Park in Park Royal for RD Studios, a division of RD Content, a global production company with offices in London, New York,...
Prologis has bought a 150,000-sq-ft unit in Park Royal for £70m. The industrial unit, located on Willen Field Road, was previously owned by manufacturer Super Toughened Glass, which leased a portion of the building to Cult Beauty. Prologis say they see the potential to refurbish and...