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Blackstone and Hudson Pacific Properties Announce Plans for New World-Class TV and Film Studios in the UK

The proposed venture can be a hub for British and worldwide productions

The funding, estimated at greater than 700 million kilos, will create state-of-the-art amenities for research

The venture is ready to create greater than 4,500 everlasting jobs and contribute £ 300 million a yr to the native economic system, in addition to grow to be one in every of the UK’s largest manufacturing areas.

LONDON AND LOS ANGELES, August 02, 2021– (BUSINESS WIRE) – Blackstone (NYSE: BX) and Hudson Pacific Properties (NYSE: HPP) plan to create a brand new massive tv, movie and digital manufacturing facility in Broxbourne, Hertfordshire.

This press launch is about multimedia. See the full information right here:

Artist Impression No. 1 (Picture: Enterprise Wire)

The funds managed by Blackstone Actual Property Companions and Hudson Pacific Properties have acquired a 91 acre parcel, 17 miles north of central London, by way of a three way partnership value 120 million kilos. The acquisition, with a deliberate whole funding of greater than 700 million kilos, can be the companions’ first enlargement of the Sundown Studios platform exterior the US.

The proposed venture, which is topic to planning permits, would remodel the parcel into one in every of the largest world-class tv and movie studio venues. The venture is anticipated to create greater than 4,500 everlasting jobs for Broxbourne and the surrounding group and contribute greater than 300 million kilos yearly to the native economic system.

This operation is a continuation of Blackstone’s present three way partnership with Hudson Pacific, a number one proprietor and operator of Los Angeles-based studios and places of work. Collectively, Blackstone and Hudson Pacific have a media portfolio totaling 3.5 million sq. ft, together with 35 lively sound phases and on-site artistic places of work, in addition to growth rights. Sundown Studios has featured a few of the huge display and small display hits, corresponding to When Harry Met Sally and La La Land, in addition to numerous Academy Award successful movies.

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James Seppala, Director of Blackstone Actual Property Europe, commented: “We’re delighted to develop our collaboration with Hudson Pacific in the UK and we intend to create a world-class studio facility that can assist be sure that the UK stays the premier vacation spot for content material manufacturing on a world scale. It’s a continuation of our thematic give attention to investments and a long-term dedication to media, leisure and content material creation. “

Victor Coleman, President and CEO of Hudson Pacific, commented: “We’re happy to develop our UK Sundown Studios platform, a world hub for movie and tv manufacturing. With our experience in growing and working state-of-the-art media venues, and present sources and market presence At Blackstone, we’re assured these amenities can be in excessive demand from main content material creators. We stay up for working with the Broxbourne Council to make sure the venture has a big constructive impression on the area people. “

Prime Minister Boris Johnson has commented: “This funding is nice information for the UK movie and tv business, which can inject tons of of hundreds of thousands of kilos into the native economic system and create hundreds of jobs for the folks of Hertfordshire. The artistic industries are at the coronary heart of our plans to rebuilding. This can be a hub for British and worldwide productions, showcasing native expertise on the world stage. “

Oliver Dowden, MP, Secretary of State in the Division of Tradition, Media and Sports activities, commented: “This new studio represents a brand new vote of confidence in the UK movie and tv business. Via the British Film Fee, we’re supporting the growth of stage venues like this throughout the UK, boosting the economic system native and supporting our world-class creatives to create the subsequent Bond hit or a noteworthy set-top field. “

The counselor Lewis Cocking, Head of the Broxbourne Borough Council, commented: “This can be a incredible alternative for the folks of our district. The artistic industries are of strategic significance to us and the creation of greater than 4,500 new everlasting jobs and the related increase to the native economic system is simply what we’d like in the aftermath of the pandemic. wanting ahead to partnering with Blackstone and Hudson Pacific to assist result in vital constructive change at Broxbourne. “

Artwork prints of the proposed venture will be downloaded right here and right here.

About Blackstone

Blackstone is one in every of the world’s main funding corporations. We search to generate constructive financial impression and long-term worth for our traders, the corporations in which we make investments, and the communities in which we work. We do that by hiring nice folks and utilizing versatile capital to assist corporations clear up issues. Our $ 684 billion of belongings beneath administration embrace funding devices centered on non-public fairness, actual property, public debt and fairness, life sciences, growth capital, well timed non-investment grade loans, actual belongings and second-term funds, worldwide. Extra info at Comply with Blackstone on Twitter @Blackstone.

About Hudson Pacific Properties

Hudson Pacific is a listed actual property funding firm with a portfolio of studio and workplace properties totaling 20 million sq. ft, together with building land. Targeted on the important East Coast innovation, media and expertise epicenters, its anchor tenants embrace main Fortune 500 and development corporations corresponding to Netflix, Google, Sq., Uber and NFL Enterprises, amongst others. Hudson Pacific is listed on the NYSE beneath the inventory indicator “HPP” and is listed on the S&P MidCap 400 Index. For extra info, go to

Word to Editors: The record of notable productions shot at Sundown Studios contains:

Mission Runway


X-Males (2000)

When Harry met Sally

karate Child

I really like you, uncle


La La Land

Guess who’s coming tonight

True blood

The prince of Bel Air

The golden women

Hannah Montana

The Bridge on the River Kwai (Oscar winner for Greatest Image)

Misplaced horizons

Six ft underground

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For Blackstone
Paul stephenson
[email protected]
Tel: 07725 610 696

Niamh fogarty
[email protected]
Tel: 07 946 813 843

For Hudson Pacific Properties
Glesni thomas
Fleishman Hillard
[email protected]
Tel: 07528 383 508

Julia Hipkiss
Fleishman Hillard
[email protected]
Tel: 07827896036

About the author

Donna Miller

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