BlenCap partners with APCOA to seek new car park lease opportunities

Blencathra Capital has partnered with APCOA, Europe’s largest car parking operator, to seek new lease opportunities utilising BlenCap’s deep pan European contact network.

Headquartered in Germany APCOA has operations in 13 European countries and operates c1.5m spaces. APCOAs portfolio covers a variety of sectors including airports, rail, City and shopping centres, hotels and leisure, healthcare and hospitals, education, Local Authorities, entertainment and events venues and e-commerce.

A flexible approach is taken towards taking new lease contracts which can include market rents with inflation linked uplifts or profit share arrangements across car parks as small as c40 spaces.

Excellent progress is being made in the implementation of the strategy with a number of offers made on existing car parks and developments both in the UK and on the continent.