.

Birchwood Park sold in multi million pound deal

Warrington's Birchwood Park has been sold in a deal worth £430 million

The site was put up in sale in May alongside two other parks in Glasgow and Basington.

Owner Hermes Real Estate has sold it to Oaktree Capital Management and PATRIZIA AG, as part of a deal to buy three parks in Warrington, Glasgow and Basington 

Jonathan Walsh, managing director of Birchwood Park, said: " It’s no surprise PATRIZIA AG spotted to the potential of Birchwood Park. For 16 years, we have been a prominent pin in the North West map and in recent years have become a challenger brand to Liverpool and Manchester city centres; we plan to continue to build on that position with new investment and development opportunities.

“With unrivalled amenities and a work-life ethos that inspires occupiers to take a fresh look at how the working environment can have a positive impact on business performance; Birchwood Park is at the forefront of future workplaces. How we work is changing and we are committed to leading the way, providing our occupiers with a workspace where they can expect more than just a building.”

Bosses at Birchwood Park say the 165 business that employ 6000 workers won't be affected. 

The Hillsborough inquests are currently being held there. 

 

More from Local