Peel Waters has named construction firm GRAHAM as the delivery partner for the first phase of the Central Docks development, the largest brownfield site in Liverpool and a key part of the ambitious Liverpool Waters regeneration project. Spanning over 10.5 hectares, Central Docks is set to become the largest of
Redevco has cemented its position in the retail property sector with the acquisition of a 16-property retail park portfolio from Oxford Properties for £518 million. This significant transaction highlights Redevco’s strategic ambition to become one of Europe’s largest retail park asset managers. The portfolio, originally assembled by Oxford Properties via
Peel Waters has named construction firm GRAHAM as the delivery partner for the first phase of the Central Docks development, the largest brownfield site in Liverpool and a key part of the ambitious Liverpool Waters regeneration project. Spanning over 10.5 hectares, Central Docks is set to become the largest of the five planned neighbourhoods within the Liverpool Waters district. The project is a cornerstone of the transformation of a 60-hectare historic waterfront site, with plans to create a vibrant, mixed-use community that will drive significant economic growth in North Liverpool and the wider Liverpool City Region. Following a competitive tender process through Pagabo’s Civil Engineering and Infrastructure Framework, GRAHAM will oversee the final designs and conduct site investigations for Central Docks’ infrastructure and Central Park, which will be a focal point of the new neighbourhood. During this phase, GRAHAM will work closely with contractors and suppliers to integrate them into the design process, ensuring a seamless collaboration. This includes designing roads, underground utilities, public spaces, and the impressive 2.1-hectare Central Park, which is set to become one of Liverpool’s largest green spaces. This infrastructure is essential to support approximately 2,350 new homes planned for the Central Docks area. The homes will feature diverse tenures, including affordable housing, build-to-rent options, and properties for the elderly, aligning with the UK government’s initiative to build 1.5 million new homes within the next five years. The second stage of the project, involving the construction of infrastructure and the completion of Central Park, will commence after the first phase is finalised. Building, Design & Construction Magazine | The Choice of Industry Professionals
Redevco has cemented its position in the retail property sector with the acquisition of a 16-property retail park portfolio from Oxford Properties for £518 million. This significant transaction highlights Redevco’s strategic ambition to become one of Europe’s largest retail park asset managers. The portfolio, originally assembled by Oxford Properties via the M7 Real Estate specialist platform, encompasses a diverse mix of retail parks across the UK. The acquisition expands Redevco’s pan-European portfolio to nearly 200 retail park assets with a gross asset value of approximately €5 billion (~£4.1 billion). These holdings span key markets including Belgium, Germany, Spain, and the UK. A Strategic Move for Redevco Neil Slater, CEO of Redevco, praised the acquisition as a testament to the resilience and adaptability of retail parks. “This acquisition is a welcome addition to our pan-European platform, demonstrating our confidence in this sector. Retail parks offer cash-flow resilience and versatility, making them an attractive investment. We’re thrilled to bolster our holdings at a pivotal moment for the UK market.” Oxford Properties Reflects on Success James Boadle, Senior Vice President at Oxford Properties, highlighted the strategic timing of the sale. “This transaction reflects the value we have generated through our targeted move into the retail sector during the COVID-19 dislocation. Leveraging the expertise of our M7 Real Estate platform, we created an institutional-grade portfolio. With our business plan fulfilled, we are reallocating capital to explore new opportunities across the UK and Europe.” A High-Quality Portfolio The portfolio features prime retail destinations, including: These locations reflect a strong focus on tenant quality and asset performance, ensuring continued value for investors. A Future-Focused Perspective David Ebbrell, CEO of M7 Real Estate, underscored the strategic foresight behind the acquisitions. “Our teams identified deep value within the retail warehouse sector, executing projects that enhanced income and asset value. We are proud to have crafted a portfolio poised for long-term success and look forward to reinvesting the proceeds into new opportunities.” The off-market deal was facilitated by Glenlyon Real Estate, with advisory support from Staunton Whiteman, CSP, and McMullen Real Estate. Savills acted on behalf of Oxford Properties and M7 Real Estate. This acquisition marks a transformative chapter for Redevco, strengthening its footprint in a resilient and dynamic sector. Building, Design & Construction Magazine | The Choice of Industry Professionals
