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Princes Secures Royal Liver Building in £60 Million Deal

The acquisition cements Princes’s Liverpool roots, paving the way for expanded corporate offices and public events.

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Overview

  • Princes completed a £60 million purchase of the Grade I–listed Royal Liver Building with financing from HSBC UK.
  • All existing tenants, including Everton FC, HSBC, ITV, Grant Thornton and Princes itself, will remain in place with no immediate operational changes.
  • The deal marks only the second change of ownership since the landmark’s completion, following its 2017 acquisition for £48 million by Corestate and Farhad Moshiri.
  • Princes, founded in Liverpool in 1880 and sold to Newlat Food S.p.A. in early 2024, returned to profitability ahead of this latest investment.
  • The company plans to transform parts of the Liver Building into a multipurpose headquarters and venue for public and corporate events.