Princes, a leading UK food and drink company, has secured ownership of the iconic Royal Liver Building in Liverpool as part of a £60 million investment. This move is part of a broader £83 million real estate strategy that includes a £23 million acquisition of the Symington’s Cross Green site in Leeds.
The acquisition strengthens Princes’ long-standing ties to Liverpool, where the company has been a tenant in the Royal Liver Building since 1982. The building will serve as both the corporate headquarters and a multi-purpose venue for events and collaboration. The purchase eliminates rental costs, enhancing Princes’ financial stability and providing a long-term operational base for future growth.
The Royal Liver Building, a Grade-I listed landmark, represents Liverpool’s maritime heritage and cultural significance. By owning this building, Princes reinforces its commitment to the city and its workforce, with over 400 employees based there.
Additionally, Princes operates 10 sites across the UK, employing nearly 3,000 people. The company is also promoting UK food manufacturing and recently announced plans to feature the UKM stamp on its products. This move underscores Princes’ dedication to contributing to the local economy and securing its future in the UK market.
