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Redevco exchanges contracts to buy Templars Square shopping centre in Oxford
Wednesday, 22 December 2021
Amsterdam, December 22, 2022 - On behalf of one of its investor clients, Redevco, one of Europe’s largest privately-owned real estate investment managers, has agreed to acquire Templars Square in Oxford for £38.8 (€42.5) million from New River. Redevco is purchasing the 1960s local shopping centre with a view to transforming it into a landmark residential-led mixed urban scheme over the next decade. The project has a pre-existing planning consent that includes 226 residential units.