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Ruskin Square, Croydon
Advice to Schroders on the £5.5 million refurbishment of their Ruskin Square car park.
Siddals Road, Derby
Acquisition of two car parks and a trampoline centre on behalf of Newcore Capital Partners for £6 million reflecting a net initial yield of 7.15%. The car parks were subsequently re-marketed and lettings agreed reflecting an increase in car parking rental income of circa 40%..
Sale of three freehold car parks in the UK. The portfolio attracted great interest from the market with all three assets exceeding client value expectations.
A dedicated team of automotive specialists, JLL has the real estate, operator and finance experience to help our clients find opportunities and create value.
Changes are coming thick and fast in the car park world...JLL predicts 75 % of car parks will have electric charging points by 2025.