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Investment In UK Airports – No Sign Of Slowing

In the aftermath of Brexit and with a general election looming many businesses are experiencing a period of uncertainty across many sectors.

May house prices have experienced the third month of decline in value something that the property market has not experienced since 2009 -source Nationwide.

There is, however, one niche that shows no signs of a slowdown, in fact, airports are recording record numbers of travelers passing through their terminals.  We already reported in the last post in May that Londons Luton Airport had seen over 1.3 million visitors in April, further justifying their £300 million expansion plans:


Park First has praised news a £300 million development set to be built next to its Luton airport car parking site has been given the green light.

booming travel numbers

The council has given the go-ahead for the former Vauxhall car plant site to be turned into a mixed-use development featuring apartments, a hotel, medical centre, park, retail and leisure complex – as well as Luton’s tallest building.

05-J2-Global.jpgJ2 Global’s vision for the development

The site is adjacent to Park First’s Luton car parking site, which serves London Luton Airport customers under the Swift Park brand.

development map.jpgAn aerial view of the development site and Park First Luton

The Napier Gateway development – scheduled for completion in 2020 – is the brainchild of J2 Global, who are gearing up to start work on the 24.5 hectare site.

J2 Global’s managing director, Javed Hussain, said, “After years of planning we couldn’t be happier to get the go-ahead to deliver this iconic project. Located on the former Vauxhall site on the edge of the town centre, just across the road from Luton Airport Parkway station, it couldn’t be better placed for those that will live, work and visit here. You can view the full Park First press release


Even German pension funds want a piece of the action, it was recently announced that they have made available around €200,000,000 to be invested in Bouwfonds European Real Estate Parking Fund for investment across Europe including in the UK.

German pension fund hires Bouwfonds for European car parks

Bouwfonds Investment Management’s fourth European car park strategy has been backed exclusively by a northern German pension fund.

The Bouwfonds European Real Estate Parking Fund IV (BEREPF IV) vehicle is expected to generate a net internal rate of return of around 6%.

Bouwfonds said around €200m is available for investment by the fund, which has a 10-year life.

The fund is planning to invest in car parks in Western Europe, including the UK.

Up to 40% of the fund’s properties may be acquired in Spain, Italy, Portugal and Ireland.

Martin Eberhardt, managing director of Bouwfonds IM Deutschland, said: “Demand for car park investments among institutional investors remains high.

“The asset class of car park properties is also proving to be a good fit for the current investor demand for stable yet attractive cash flows.”

Bouwfonds recently bought a portfolio of 17 car parks worth around €250m for BEREPF III.

The manager has around €870m invested in the car park sector in the Netherlands, UK, Ireland, France, Germany, Spain and Norway. the original article can be read here…..

With no decline in sight for the airline and travel sector, there have been some very strong investment opportunities arise, not least in the Luton airport parking investment sector where there are a number of companies looking for investors to boost their ability to compete at a higher level.

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