Parks Trust buys arable land as investment

Parks Trust land at Woughton
Parks Trust land at Woughton

THE Parks Trust has added a further 218 acres of land to its portfolio.

The mix of arable land, flood plain meadows and ancient ridge and furrow pasture in the Passenham and Old Stratford area was recently put up for sale by Cemex.

Located across the river and footbridge from the Trust’s riverside parkland in Stony Stratford, the land is seen as a long term investment.

Chief Executive of The Parks Trust David Foster said: “We’ve added the land at Passenham to our green estate as a long term investment and we intend to manage it to the same high standard as the rest of our property.

“As an independent, entirely self-financing charity we earn most of our income from our commercial property and adding some more farmland to our portfolio, particularly in this area, seemed the right thing to do.”

One of the Trust’s immediate tasks is to repair or replace fences and gates, undertake some necessary pollarding of willows to retain the health of the trees and, where necessary, tackle any encroachments there have been onto the land and clear away any rubbish that has accumulated.