TfL’s property company acquires Brixton retail block
Places for London, Transport for London’s property company, has acquired a number of retail properties in Brixton, London.
The properties, located at 421-457 Brixton Road, are situated adjacent to Brixton Underground Station and have been acquired alongside a service yard.
Tenants at the properties include HSBC, Five Guys, Sainsbury’s, and Argos.
Places for London said this acquisition aligns with its investment strategy to unlock revenue in the Capital that will be reinvested directly back into London’s transport infrastructure.
The acquisition marks Places for London’s third major retail purchase in recent years, following Buck Street Market in Camden and 19–33 Liverpool Street.
TW Keil acted for the Vendor, while Green & Partners acted for Places for London.