Morrisons sells Rom Valley Way car park site to real estate company
PUBLISHED: 15:00 27 August 2016
Supermarket chain Morrisons has confirmed that it has sold the car park site opposite Queen’s Hospital to a global real estate company.
The Rom Valley Way car park near the former Romford Ice Rink, has been used as extra car parking for those visiting the hospital, but Morrisons asked for the land back, following the completion of a land swap deal with Havering Council in April.
This led to work on Romford’s new £25million leisure centre beginning in Western Road, Romford.
Morrisons confirmed to the Recorder that the car park has since been sold to Affinity Global, a real estate investment and development group, based in Mayfair.
When the car park was closed by Morrisons in June with only one day’s notice, drivers complained of queues of up to 45 minutes to get into the hospital’s multi-storey car park.
One man described the car park as “rammed” when he visited his seriously ill father, of Hornchurch, in hospital.
Affinity Global co-owns and manages a development portfolio with a value in excess of £500million and regeneration projects worth more than £1billion.
On Affinity Global’s website, it says: “We are actively seeking to grow the number of development opportunities we are involved with.
“Current new ventures include the launch of Affinity London Living which refurbishes prime central London properties and the development of new signature homes in prestige suburbs.”