Expanding Car Parks Operator Apex Parking Doubles In Size

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Expanding car parks operator Apex Parking has doubled the size of its portfolio by acquiring 10 new properties.

The company has also rapidly grown its workforce with its headcount now standing at 44 after transferring in 21 staff from a previous operator in one day.

Apex Parking‘s newest locations are Pall Mall, Moorfields and Rumford Street in Liverpool, Chorlton Street in Manchester, The Core in Leeds, New Street, Royal Angus, Londonderry and Horsefair in Birmingham and High Street in Weston-super-Mare.

The company, which was founded in 2021, already operated 10 car parks in London, Liverpool, Manchester, Chester, Bristol, Stoke, Ipswich and Hounslow. The new acquisitions came about after National Car Parks (NCP), which was founded in 1931 and with a portfolio of 340 UK car parks, went into administration in March.

Landowner GreenPoint, a global real assets investment firm with more than $1 billion of equity under management, decided to move away from NCP and the administration process and find new operators for their 32 sites.

Working through their pan-European business management company partner Lysara, GreenPoint decided to split its portfolio between Apex Parking, which already ran three sites for them, and another operator.

Director Ben Sullivan said:

“We are particularly pleased to have been chosen as the as preferred management partner for these 10 car parks by GreenPoint."

“We believe their decision was very much influenced by the work we have done to turn around the existing three sites but also for the significant commercial support and insight we gave them post-NCP’s administration announcement."

“This expansion is another significant step in our journey and reflects the confidence our clients continue to place in our team. Strategically it has worked out very well for us, geographically complementing our existing sites and allowing us to both expand and move forward rapidly through economies of scale."

“We will be upgrading the car parks to the most modern standards, making the lighting better, changing bay markings, improving and reducing signage, increasing safety aspects and dealing with anti-social behaviour."

“The installation of new equipment, supplied by APT Skidata, is making the act of parking simpler and more pleasant – and we offer competitive prices, with discounts for subscribers and season tickets and also reward schemes."

“We would like to reassure drivers by pointing out that we will be honouring season tickets previously bought through NCP for our 10 new car parks, even though we are not obliged to do so by law and most likely will not be receiving any of those funds."

“As a responsible employer we are also dedicated to improving the facilities for our dedicated and hard-working staff. They are the face of our business, the people interacting with our customers and dealing with any issues.”

“Working with a landlord who understands our vision in terms of putting staff back into car parks is so refreshing, as is the appreciation that we need to invest to build a decent, sustainable business and it is the long-term revenues we are looking at, not making a quick buck and disappearing.”

Scott Parsons, chief executive of Lysara, said:

“Over the past few months, the team has worked at pace to transition 30 assets into a stronger operating structure, securing long-term income with Q-Park across 20 sites and retaining attractive operational upside across a further 10 sites with Apex."

“This is an important milestone for Lysara. The new arrangements strengthen the quality and resilience of the portfolio, refocus on the customer experience and preserve our flexibility to integrate new services, including EV charging, overtime.”

Apex Parking, founded in 2021, operates 20 car parks across England, including London, Liverpool, Manchester, Leeds, Chester, Bristol and Birmingham. Visit here for more details with Apex Parking.

Photo: Car park operator Apex Parking directors, from left, Iain Selbie, Guy Watson and Ben Sullivan have overseen a doubling of the size of the company with the acquisition of 10 new properties across the country

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Jan 8, 2025
2 min read

Leicester College is set to open a new Green Technology Hub at its Freemen’s Park Campus in March 2025. The Hub will feature state-of-the-art green tech equipment including air source heat pumps, solar panels, battery storage systems and EV charging stations. This will enable students, staff and employers to gain hands-on, practical experience with the latest green technology.

The Green Technology Hub will support a range of Leicester College courses from Level 2 to Level 4, focused on renewables and green technology including:

ASHP Full Set Straight On Climate Change and Greenhouse Gas Emissions
Sustainability, Pollution and Waste Management
Understanding Impacts of Industry and Organisations on the Natural Environment
Energy Conservation and Efficient Buildings and Structures
Renewable Energy
Sustainable Energy Technologies
Sustainable Energy and Renewables

The Hub is funded by the Government’s Local Skills Improvement Fund and will be fitted out by Quantum Training, a UK renewable training provider, which will also train Leicester College staff on the equipment.

Nick Allen, Construction Area Manager at Leicester College said:

“The UK currently faces a large green skills gap so the development of our Green Technology Hub represents a step in the right direction by helping to provide a new generation of skilled workers who can take advantage of the career pathways in the rapidly-growing UK green technology sector."

“As well as being the cornerstone for our new green tech courses, this new Green Technology Hub development will provide an excellent opportunity for our current students, adult evening learners and for local employers who are looking to upskill their workforce.”

Maria Gonella, Managing Partner at Quantum added:

“The government’s Net Zero Strategy has targets of supporting 440,000 green jobs by 2030. This new job market has evolved and continues to evolve rapidly. Leicester College students will be among some of the first in the country to gain hands-on experience with green technologies, gaining a sound practical foundation in the basic principles of cleaner energy generation and energy saving technology.”

Leicester College, along with its partners Loughborough College, North Warwickshire & South Leicestershire College and SMB College Group, was successful in bidding for funding through the Government’s Local Skills Improvement Fund.

The College has successfully been awarded funds to develop training programmes to meet local employers’ skills needs in key industries including the green sector. These programmes support four key aims: decarbonising transportation; green leadership skills; digital upskilling; and employer skills training.

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Expanding Car Parks Operator Apex Parking Doubles In Size

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