An affiliate of Crosstree Real Estate Partners has exchanged contracts for the €82.5m (£72m) purchase of the 495,000ft² Edmonton Green Shopping Centre in Edmonton, North London. Edmonton Green Shopping Centre occupies a site of 25 acres in the heart of Edmonton directly opposite the train station. The existing site includes over 100 shops, a daily market, office and community uses, 754 homes and over 1,000 car parking spaces.
Matt Mason, Director at Crosstree, commented: “Crosstree is delighted to have exchanged on the purchase of Edmonton Green. We are excited to play our part in the improvement of this community-focused retail centre and to help create a thriving town centre and neighbourhood. We are committed to the long-term future of Edmonton Green and look forward to working with the Council and the local community to support the growth and prosperity of this strategically important site within Enfield.”
