Skip to main content

Q-Park to take over 14 car parks in London

Q-Park, one of the three leading providers of parking facilities in Europe, has won the bid to take over 14 car parks in the heart of London.
February 3, 2012 Read time: 1 min
182 q-park, one of the three leading providers of parking facilities in Europe, has won the bid to take over 14 car parks in the heart of London. The company, which has promised to invest over US$16 million in an extensive refurbishment programer,  has been granted the 25-year lease by Westminster City Council against strong competition from across Europe. The 14 car parks provide 4,200 car parking spaces and 900 motorcycle bays.

For more information on companies in this article

Related Content

  • ULEZ: London’s burning issue
    November 3, 2023
    Many Londoners lost their cool during the city’s massive, late-summer ULEZ expansion. Will it be worth the pain and what can other cities learn from it? Andrew Stone assesses the story so far…
  • Intelligent parking guidance relieves congestion, reduces costs
    July 24, 2012
    O R Tambo International Airport, near the city of Johannesburg, is the largest airport in Africa. It serves as the primary airport for domestic and international travel to/from South Africa and is one of 10 airports operated by Airports Company South Africa (ACSA). This airport places a massive demand on road infrastructure and parking facilities since a majority of travellers get to the airport by motor vehicle. The demand for parking left many people searching for a parking space for eight minutes or more
  • Visteon to sell its automotive lighting business to Varroc Group of India
    March 22, 2012
    Visteon Corporation has announced that it has agreed to sell its automotive lighting business to Varroc Group, a global provider of automotive parts headquartered in India, for US$92 million in cash. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed in the third quarter of 2012. The business to be sold encompasses a wide range of exterior lighting products supplied to global vehicle manufacturers, including front and rear lighting systems, auxiliary la
  • Report forecasts major growth in smart parking
    September 24, 2013
    According to new analysis by Frost & Sullivan, Future of Vehicle Parking Management Systems in North America and Europe, growth opportunities are expected to attract new start-ups in the parking industry, providing real-time parking applications. The industry is expected to witness investments and funding from venture capitalist (VC) firms, ranging from US$200-$250 million in the next three to five years. This is made evident through the emergence of companies, such as Streetline (US and Europe), ParkatmyHo