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Cambridge United have today completed the purchase of the Abbey Stadium from Grosvenor.
Grosvenor Property UK and the Universities Superannuation Scheme (USS) have agreed terms for an innovative financial endowment to the Wildlife Trust to secure the future of a 148-acre country park and nature reserve at Trumpington Meadows, a 1,200-home neighbourhood in Cambridge.
Grosvenor has agreed terms to sell the freehold of the Cambridge United’s football stadium back to the club after almost 12 years of ownership.
As master developers, Grosvenor’s Strategic Land team are bringing forward over 18,000 homes.