Investing in car parking spaces and parking facilities is now an established international commercial real estate investment, where investors are largely attracted by the low-cost of capital required to purchase and the strong underlying fundamentals behind them. Investors have now realised that a well located urban parking facility offers stable, long-term revenue growth and that this asset class
is becoming an important part of any diverse real estate portfolio. First for Parking offers investment option at Glasgow International Airport - one of the biggest airports in U.K. with over 7.2 million passengers in 2012. The airport is expanding rapidly and will require over 17,000 parking spaces by 2020 with supply expected to outstrip supply in 2013 (according to BAA only 2700 spaces existed in 2011).