Watford Council acquires Croxley Park in 40-year leasehold deal

Croxley Park, Watford

Watford Borough Council has acquired the long leasehold of Croxley Park business park in a first ever deal of its kind for a local authority.

The local authority will manage the 725,000 sq ft park on a 40-year basis, paying £9.2m a year to owners Columbia Threadneedle.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now