Richardson buys Plantation Park in Bromborough

17 January 2022 11:36 Dan Whelan Comments (0)

The family-run investment business has acquired the 258,000 sq ft development from Mileway.

Part of Wirral International Business Park, the majority of Plantation Park is let to Abbey Logistics, which extended its lease on 137,000 sq ft last summer.

Community food hub charity Too Good to Waste occupies 10,688 sq ft and civil engineer DT Hughes signed a two-year deal on 7,392 sq ft last year.

Savills acted for Richardson and PK3 Agency advised Mileway.

The acquisition is part of the Richardson family’s “wide-reaching real estate portfolio”, a statement on the company’s website said.

This includes interests in the McArthurGlen West Midlands Designer Outlet, the Tower Works development in Leeds City Centre and the £300m Newcastle Gateshead Quays waterfront arena, conference and exhibition centre.

Richardson is also the parent company of developer Ask Real Estate, which is behind several office developments in Manchester city centre, including First Street.