British Land snaps up leisure park

Wed 24 June 2015, 11:33 am

British Land has acquired Surrey Quays Leisure Park in Canada Water for 135 million.

It adds to the developer’s portfolio for the area, which also includes the Surrey Quays Shopping Centre and Harmsworth Quays, the former Daily Mail General Trust printing works. The combined sites, assembled over the last five years for a total of £250 million, cover nearly 20.2 hectares. 

The developer is also working with Southwark Council on the Canada Water masterplan to create a new town centre for the area. Architects Allies & Morrison have been appointed to advise as masterplanners for the scheme, which may include office, retail, leisure, culture and residential space alongside higher educational and community uses.

Chris Grigg, Chief Executive of British Land, said: “This acquisition completes our assembly of a significant £2 billion world-class development .”

<

Share

Latest News

The great 'Mayflower 400' voyage

Grants have been awarded to the organisations preparing to celebrate the 400th anniversary of the world-famous Mayflower ship's maiden…

By Suruchi Sharma

Makeover for Keppel Row

By Suruchi Sharma

Young hearts run free

By Suruchi Sharma