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Last updated on April 25, 2014 at 5:25 EDT

Q-Park Wins Bid to Take Over 14 Car Parks in London

February 1, 2011

MAASTRICHT, The Netherlands, February 1, 2011 /PRNewswire/ — Q-Park, an
international parking company, has won the bid to take over 14 car parks in
the heart of London. Q-Park has been granted the 25-year lease by Westminster
City Council, leaving behind strong competition from across Europe by
demonstrating its proven quality, outstanding operations, sustainable
financial performance and after promising to invest GBP 10 million in an
extensive refurbishment programme. Q-Park will take over operation of the car
parks on 1 February 2011.

(Photo: http://www.newscom.com/cgi-bin/prnh/20110201/435035 )

The 14 car parks which provide 4,200 car parking spaces and 900
motorcycle bays serve multiple customer groups with different economic,
residential and leisure needs. For these customers, business partners and the
local community, Q-Park seeks to increase the accessibility of Westminster,
to improve safety for car drivers and pedestrians and to enhance the quality
of public space. Very popular tourist destinations are located close by, such
as the Houses of Parliament, Leicester Square, Oxford Street, Soho, Trafalgar
Square, Hyde Park, Knightsbridge and Lords cricket ground.

The 14 car parks are; Abingdon, Broadley, Chinatown, Church Street,

Cramer Street, Harley Street, Knightsbridge, Oxford Street, Park Lane,
Pimlico, Queensway, Soho, St John’s Wood and Trafalgar.

Besides the investment of GBP 10 million to support local economic,
mobility and quality needs, Q-Park’s social responsibility policy will
address fair pricing schemes, and will minimise traffic searching for a place
to park, thus reducing CO2 emissions. It will also include sustainable and
functional car park refurbishment and maintenance, and will support
Westminster City Council with its integrated mobility-restricting policy.

Adam Bidder, Managing Director of Q-Park Great Britain: “We are delighted
to have been chosen to work in partnership with Westminster City Council. We
look forward to completing the process and investing in the car parks to the
benefit of our customers. We believe this provides a framework for other
local authorities to provide quality parking facilities which we hope to
build on for the future”

Ward Vleugels, CEO of Q-Park NV: “We are delighted to be entrusted by the
Westminster Council to provide a number of quality car parks across central
London. This new partnership will enrich the parking experience of residents
and visitors by offering quality facilities in a customer focused
environment.”

About Q-Park

Q-Park is one of the three leading providers of parking facilities in
Europe, whether wholly-owned, leased, managed or in a hybrid business model.
Q-Park is notable for its quality approach and has a portfolio comprising
over 800 000 parking spaces and office accommodation in the Netherlands,
Germany, Belgium, Great Britain, France, Ireland, Denmark, Sweden, Norway and
Finland.

About the City of Westminster (extract from Wikipedia)

City of Westminster is a London borough occupying much of the central
area of London including most of the West End. It is located to the west of
the ancient City of London, directly to the east of the Royal Borough of
Kensington and Chelsea and its southern boundary is the River Thames. Aside
from a number of large parks and open spaces, the density of the district is
high. Many sites thought of as being in London are actually in Westminster,
including Buckingham Palace, the Houses of Parliament, and 10 Downing Street.
The city is divided into a number of localities including the ancient
political district of Westminster; the shopping areas around Oxford Street,
Regent Street, Piccadilly and Bond Street; and the night time entertainment
district of Soho.

SOURCE Q-Park


Source: newswire