Boxpark appoints KPMG to review options

By Sophie Witts contact

- Last updated on GMT

The proposed BoxOffice concept
The proposed BoxOffice concept

Related tags: Street food, Boxpark, Restaurant

Boxpark has appointed KPMG Corporate Finance to review its options after receiving proposals from potential investors to expand the business in the UK and overseas.

Last week the shipping container mall announced plans to open​ ten new sites over the next five years and launch two new concepts.

These include the BoxOffice co-working space, and a BoxHall with between six and 12 street food vendors.

The first Boxpark opened in Shoreditch in 2011 and was billed as the ‘world’s first pop-up mall’, with a mix of street food and retail traders in shipping container units.

It has since expanded with Boxpark Croydon in 2016 and Boxpark Wembley in 2018.

The company says it has seen 54% revenue growth between 2018 and 2019.

In March Boxpark signed a lease to open​ its first location outside London, on Shoreham beach, with the aim of submitting a planning application later this year.

Related topics: Business

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