July 22, 2025
Panattoni acquires prime 10-acre Heathrow site

Panattoni acquires prime 10-acre Heathrow site

Panattoni, the world’s largest privately owned industrial developer, has secured a 10-acre site in Heathrow, strategically located on the established North Feltham Trading Estate just two miles from Heathrow Airport. This acquisition reinforces Panattoni’s focus on delivering high-quality logistics solutions in prime, supply-constrained areas.   The new development, Panattoni Park

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Shaftesbury Capital signs Charlotte Tilbury in latest addition to Carnaby Street

Shaftesbury Capital signs Charlotte Tilbury in latest addition to Carnaby Street

Shaftesbury Capital has announced that Charlotte Tilbury, the internationally recognised make-up, fragrance, and skincare retailer, will join Soho’s latest line-up of new brands later this year, opening in an anchor gateway unit to the globally renowned Carnaby Street. Visitors can expect the brand’s highly coveted range of award-winning skincare, makeup,

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Latest Issue
Issue 330 : Jul 2025

July 22, 2025

Arrow Capital Partners appoints VolkerFitzpatrick to kick-off Arrow Point Bolton development

Arrow Capital Partners appoints VolkerFitzpatrick to kick-off Arrow Point Bolton development

Arrow Capital Partners, the specialist investor, credit provider, developer and manager of real estate in Europe and Asia-Pacific, has appointed VolkerFitzpatrick as the main contractor at Arrow Point Bolton, its 327,000 sq ft speculative logistics development just north of Manchester. In January 2025, the site received planning permission for the development of two logistics units of 107,500 sq ft and 220,250 sq ft, which will be available for occupiers to move into in the first half of 2026. Targeting a BREEAM ‘Outstanding’ certification and an EPC ‘A’ rating, the units will include extensive sustainable features, including photovoltaic panels on the roof and electric vehicle charging points. It will also feature a power capacity of 4.5 MVA, 15 metre eves, 82 HGV trailer spaces, 32 dock levellers and five-level access doors. The site is strategically located within the premier north west distribution corridor and is adjacent to junction 6 of the M61, providing excellent transport links through its close access to the M60, M6, M62 and broader regional and national motorway networks. Arrow Point Bolton will also provide direct access to Manchester International Airport and the Port of Liverpool, allowing for the easy transport of international cargo. The new development is in Arrow’s €3 billion SIRE (Strategic Industrial Real Estate) joint venture with Cerberus Capital Management. Lawrence Harkness, Head of Development, Europe, at Arrow Capital Partners, said: “After securing planning at the start of the year, we immediately commenced demolition and enabling works with Forshaw Demolition, which have progressed exceptionally well. We’re now excited to move forward with VolkerFitzpatrick, an experienced logistics contractor whom we have worked with on previous developments, to bring the build phase to life. With occupier demand remaining robust, we’re targeting completion in the first half of 2026 and are looking forward to bringing this prime asset to market. “We continue to actively expand our development pipeline across the UK and Europe, focusing on existing assets and strategic locations close to labour pools with excellent connectivity to local and international transport networks.” Andrew Stoney, Operations Director, VolkerFitzpatrick commented: “We’re proud to have been appointed by Arrow Capital Partners to deliver the construction of Arrow Point Bolton. This is a key development in one of the UK’s emerging strategic locations for logistics. With sustainability and connectivity at its core, this scheme is a perfect example of the kind of future-focused projects we’re passionate about delivering. We look forward to bringing our expertise to the project and working in close partnership with Arrow to create a high-quality, energy-efficient logistics hub.” A specialist investor, credit provider, developer and manager of real estate, Arrow Capital Partners targets equity and debt opportunities, specialising in cross-border transactions where it can use its platform and balance sheet to invest with US and Asia-Pacific investors into Europe, as well as European and US investors into the Asia-Pacific region. Arrow has a team of 60, globally based out of 12 countries. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Panattoni acquires prime 10-acre Heathrow site

Panattoni acquires prime 10-acre Heathrow site

Panattoni, the world’s largest privately owned industrial developer, has secured a 10-acre site in Heathrow, strategically located on the established North Feltham Trading Estate just two miles from Heathrow Airport. This acquisition reinforces Panattoni’s focus on delivering high-quality logistics solutions in prime, supply-constrained areas.   The new development, Panattoni Park Heathrow, presents an opportunity for occupiers to secure bespoke, build-to-suit logistics space of up to 250,000 sq ft, tailored to specific operational needs. Ahead of submitting a planning application, Panattoni is actively seeking build-to-suit pre-let agreements to deliver flexible, purpose-built facilities for occupiers in one of the most strategically connected locations in the country.   This development is highly significant for the logistics sector in the Heathrow area. Heathrow Airport is a critical hub for international trade and distribution and the demand for logistics and industrial space in its vicinity is consistently high. The proximity of Panattoni Park Heathrow to the airport makes it an ideal location for businesses requiring cargo operations, facilitating access to international markets and efficient distribution networks for London and the wider Southeast. Panattoni’s latest acquisition is a pivotal development for occupiers seeking Grade A logistics space near Heathrow and across the Thames Valley. In one of the UK’s most land-constrained markets, this ten-acre site brings much-needed capacity, with a flexible masterplan that can deliver units of varying sizes to suit to suit tenant requirements. Drawing on its extensive build-to-suit expertise, Panattoni is meeting surging demand for modern, high-quality facilities that streamline last-mile delivery in London while maintaining seamless regional and international distribution via the airport. This project underlines Panattoni’s commitment to providing truly flexible solutions for leading logistics and e-commerce operators. Alex Mitchell, Development Manager at Panattoni, commented: “This acquisition at Heathrow represents a significant opportunity to provide much-needed, high-quality logistics space in a critically important and supply-constrained market. Panattoni Park Heathrow represents one of the latest significant development sites near the airport, offering occupiers the chance to secure sustainable, bespoke buildings in a market defined by limited availability. The park will cater to the strong demand from businesses looking to capitalise on Heathrow’s connectivity for both London and international operations. We are excited to bring this project forward and further solidify our presence in the UK’s key logistics corridors.” Panattoni was advised by JLL on the acquisition Building, Design & Construction Magazine | The Choice of Industry Professionals

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Luxury Development Edition Birmingham Secures £127.5 Million Backing From Eldridge

Luxury Development Edition Birmingham Secures £127.5 Million Backing From Eldridge

Court Collaboration and Select Property, the strategic partners behind Edition Birmingham, one of the city’s most prestigious residential developments, have today announced a £127.5 million loan from Eldridge Real Estate Credit, the real estate investing strategy of Eldridge Capital Management. The loan from Eldridge Real Estate Credit follows existing funding for the project provided by PGIM to Court Collaboration. Funding will support the construction of the flagship 581-apartment scheme in the heart of Birmingham. The new debt facility provided by Eldridge Real Estate Credit is one of the largest fundings announced this year for a residential development outside London. Edition Birmingham, which is being sold and marketed by Select Property, is located off Centenary Square, close to the Library of Birmingham and the £1.2 billion Paradise scheme. It is a short walk away from Colmore Row, the heart of the city’s business district. The development’s one- and two-bed apartments are split between two connected towers of 46 storeys and 15 storeys. Midgard has been selected as the contractor on the development, which has already secured over £87 million in revenue through off-plan sales. Phase one is expected to be completed by 2027. Edition’s residents will have access to an unmatched range of wellness-led amenities and benefits. Alongside cutting-edge gym and spa facilities, residents will enjoy a 20-metre above-ground swimming pool with an accompanying hydro pool, plunge pool, sauna and steam room. Residents will also be able to relax at a sky lounge complete with private dining experiences on the 44th and 45th floors. The development also includes a premium co-working lounge, called The Study, and outdoor co-working space on a 14th-floor garden terrace. Other outdoor amenities include a 9,000 sq ft podium terrace with a cinema screen and a BBQ area that connects the two buildings. Eldridge Real Estate Credit invests in real estate credit opportunities throughout the US, UK and Europe, including construction, transitional, and special situation opportunities across the capital structure. The platform has originated over $10 billion in loans, leveraging an experienced team with a disciplined approach seeking to create long-term value. PGIM Real Estate, the real estate business of PGIM, one of the largest investment firms in the world, is also a financial partner to Edition Birmingham via its PRECap series, its flagship European high-yield debt strategy. Alex Neale, CEO of Court Collaboration, said: “This funding package from Eldridge, combined with our ongoing support and relationship with PGIM, is an endorsement of the quality of Edition. Our partners recognise that the development brings luxury living to the heart of Birmingham as the city centre benefits from over £1bn of investment over the coming years. With breaking ground expected soon and completion of phase one in 2027, there’s real momentum and excitement building around Edition and what it will bring to Birmingham.” Adam Price, CEO of Select Property, said: “I’m really pleased that our partners at Eldridge believe in the inherent investment opportunity Edition provides. Birmingham is on the rise, with significant investment in the city centre and a young and growing population that wants high-quality living in the heart of town. We’ve seen strong appetite from owner-occupiers and investors alike; something reflected in the large number of off-plan sales. All this underlines the prestige of Edition and the fact there is nothing else like it in Birmingham.” John Cole, Global Head of Real Estate Credit at Eldridge Capital Management, added: “The teams at Court Collaboration and Select Property have consistently demonstrated their ability to deliver and market high-quality, competitive residential offerings. With over 40% of units already sold, we believe Edition is well-positioned to capitalise on Birmingham’s continued growth, and we look forward to a strong and successful partnership.” Jesse Bostwick, Executive Director, European High Yield Debt Originations at PGIM Real Estate, commented: “Court Collaboration has proven to be a trusted partner and we’re excited to be working together on this project. Our PRECap strategy provides capital solutions including preferred equity and other flexible structures across the lending spectrum, which enables us to support projects in markets with strong fundamentals and unlock the potential of key central sites.” Court Collaboration was advised by Gateley Legal on the legal financing aspects of the transaction and by TRST on debt structuring. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Sizewell C Secures £38bn Backing as Government Greenlights Next-Gen Nuclear

Sizewell C Secures £38bn Backing as Government Greenlights Next-Gen Nuclear

The UK government has given the go-ahead for the £38 billion Sizewell C nuclear power station in Suffolk, marking a major milestone in the country’s long-term energy strategy. Energy Secretary Ed Miliband confirmed the final investment decision today, describing the project as a bold step towards building a low-carbon, energy-secure future. While the government will retain a 44.9% stake—making it the largest single shareholder—it will not hold a controlling interest. Other investors include Canada’s La Caisse (20%), Centrica (15%), France’s EDF (12.5%) and US-based Amber Infrastructure (7.6%). The project will be underpinned by a £5 billion loan guarantee from France’s Bpifrance Assurance Export, alongside debt financing led by the UK’s National Wealth Fund. Sizewell C will use the Regulated Asset Base (RAB) model, allowing investors to begin receiving returns during construction through levies on UK households and some businesses. This approach shifts financial risk from investors to consumers—a point that has attracted criticism in the past, but one the government views as key to unlocking large-scale infrastructure investment. The project’s estimated capital cost of £38 billion is around 20% lower than that of its sister project, Hinkley Point C, which is running significantly over budget and behind schedule. Sizewell C’s costings have undergone extensive due diligence and peer review, with officials confident that lessons learned from Hinkley will drive efficiency. Early works are already under way on site, with no confirmed date for the start of main construction. At peak, the project is expected to support 10,000 direct jobs and tens of thousands more through its supply chain. Major contractors from Hinkley Point C—including Bouygues-Laing O’Rourke JV (Bylor) and Balfour Beatty—are set to continue their roles at Sizewell C. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Turner & Townsend and Pick Everard Win Key Roles on Future Prisons Programme

Turner & Townsend and Pick Everard Win Key Roles on Future Prisons Programme

The Ministry of Justice (MoJ) has appointed Turner & Townsend and Pick Everard to lead two major workstreams on its Future Prison Supply Service framework, supporting the delivery of modern, efficient and future-ready custodial facilities across England and Wales. Under the new four-year agreement, Turner & Townsend will serve as cost management service (CMS) provider, bringing commercial oversight, cost assurance and budgetary support across all RIBA stages for the MoJ’s Future Prison Estate Strategy, Acquisition and Pipeline (FPESAP) programme. Meanwhile, Pick Everard has been named as the sole supplier for client designer services, tasked with leading the design of both new-build and refurbishment projects throughout the prison estate. Their appointment continues a long-standing relationship with the MoJ, having previously led the development of the reference design for new prisons — a blueprint now widely adopted across multiple sites. In addition to these appointments, a collaboration of AtkinsRéalis, Arcadis and Mott MacDonald will provide project and programme management, information management, and health and safety advisory services across the framework. Chris Sargent, managing director for real estate UK at Turner & Townsend, said the appointment reflected the firm’s deep understanding of the MoJ’s transformation priorities: “We are proud to play a vital role in delivering cost-effective, high-quality prison infrastructure that supports public safety and rehabilitation efforts.” Pick Everard operations director Jon Parry added: “Our expertise in the justice sector ensures we are delivering designs that are not only robust and secure, but adaptable to future pressures. This appointment strengthens a relationship with the MoJ that now spans decades.” Together, the consultancy team will help shape a new generation of UK prison infrastructure focused on safety, sustainability, and resilience. Building, Design & Construction Magazine | The Choice of Industry Professionals

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EG On the Move Accelerates UK Expansion with 150 Sites and New Property Push

EG On the Move Accelerates UK Expansion with 150 Sites and New Property Push

EG On the Move, founded in 2023 by Zuber Issa and Imraan Patel following the restructuring of EG Group’s UK operations, is rapidly establishing itself as a major force in the UK’s forecourt and convenience retail sector. The company now operates over 150 sites nationwide and employs around 4,500 people. To fuel its next phase of growth, EG On the Move has appointed commercial property advisor Colliers to secure more than 120 new roadside sites over the next three years. The business is targeting locations ranging from 0.35 to 10 acres, with a preference for high-traffic areas such as A-road junctions, edge-of-town retail parks, and other prominent roadside plots. The company’s expansion strategy focuses on locations suitable for drive-through formats, electric vehicle charging infrastructure, petrol filling stations, and convenience retail. It is acquiring sites on behalf of a number of leading food and drink brands, including Starbucks, Greggs, Subway, Popeyes, Chaiiwala, and Sbarro. In addition to roadside plots, EG On the Move is also seeking retail units of up to 1,500 sq ft in high-footfall areas, such as university campuses, transport hubs, and town centre leisure districts. The latest expansion drive follows the company’s acquisition of 98 forecourts from Applegreen in early 2025, increasing its total portfolio to 151 forecourt sites and over 200 foodservice concessions. The deal also included a fuel card business, strengthening its offer to both consumers and fleet customers. EG On the Move’s continued investment reflects broader trends in the UK’s forecourt landscape—namely, consolidation, a growing shift towards EV infrastructure, and the rise of convenience-led retail as part of the roadside experience. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Shaftesbury Capital signs Charlotte Tilbury in latest addition to Carnaby Street

Shaftesbury Capital signs Charlotte Tilbury in latest addition to Carnaby Street

Shaftesbury Capital has announced that Charlotte Tilbury, the internationally recognised make-up, fragrance, and skincare retailer, will join Soho’s latest line-up of new brands later this year, opening in an anchor gateway unit to the globally renowned Carnaby Street. Visitors can expect the brand’s highly coveted range of award-winning skincare, makeup, and fragrance through a personalised experience and tailored expert advice from Charlotte Tilbury’s pro-make-up artists. Spanning 4,200 sq ft with a prominent frontage, the unit is located at one of the busiest entrance points to Carnaby Street, giving Charlotte Tilbury a huge presence at the top of the iconic shopping destination, and placing them alongside other recent arrivals, including PURESEOUL, TALA,and Farm Rio. Charlotte Tilbury has already made a significant impact on Shaftesbury Capital’s West End portfolio, with the recent opening of its upsized flagship store in Covent Garden, which tripled in size at the end of last year. Its upcoming space in Soho reflects the leading landlord’s ability to deliver a solid foundation for in-demand retailers to thrive, and the collaborative relationship it fosters and retains with brands to support expansion. William Oliver, Director of Retail & Restaurant Leasing at Shaftesbury Capital, said: “Carnaby Street is known for being home to some of the best, internationally recognised brands that the retail industry has to offer. It is a vibrant hub of high-quality, sought-after names that resonate with its London consumers, just as much as the huge volume of domestic and international visitors Carnaby Street attracts. Charlotte Tilbury is theatrical and immersive, something that mirrors the foundation and heritage of Carnaby Street, and its global appeal and innovative approach are the qualities we look for, to ensure we deliver the elevated retail experience people have come to expect here.” Charlotte Tilbury MBE, President, Chairwoman, Chief Creative Officer, & Founder Of Charlotte Tilbury said: “London’s limitless spirit of creativity and self-expression is so inspiring! From the early days of my career as a make up artist setting beauty trends at the seminal shows of London Fashion Week through to launching my first ever counter at Selfridges – the city has played such an integral part in my career. It’s the city where I opened my first ever Beauty Wonderland, and Covent Garden is now home to my biggest flagship store – it’s an innovative, immersive hub of beauty education, expertise and artistry, a re-imagining of the customer experience. In London, you can dare to dream it, dare to believe it and dare to do it!” This news follows the recent announcement of a series of landmark retail openings in Soho, the globally renowned destination now home to debut locations for TALA and Autry, new flagships for Farm Rio and PURESEOUL, and pop-ups for emerging brands De La Vali and Speltham.  Building, Design & Construction Magazine | The Choice of Industry Professionals

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FIFA Quality Programme announces Signify as a FIFA Preferred Provider for Floodlights

FIFA Quality Programme announces Signify as a FIFA Preferred Provider for Floodlights

Signify (Euronext: LIGHT), the world leader in lighting has been selected as Preferred Provider for floodlights by the global governing body of association football, FIFA. This means that Signify’s floodlights meet the highest quality FIFA standards and Signify is a trusted and recommended provider within the football industry. As a FIFA Preferred Provider for Floodlights (FPP), Signify meets rigorous product, production and system infrastructure performance requirements. Signify will also work with the FIFA Quality Programme to drive research and development in sports floodlighting, advancing technical standards for the future. Signify’s stadium floodlights have revolutionized the game-day experience. World-class illumination helps ensure optimal match experience for players, spectators and millions of TV viewers. Superior floodlighting plays a key part in supporting optical-based technologies such as video assistant referee technology, goal-line technology and optical tracking systems. Signify’s stadium lighting also provides opportunities for additional entertainment at major events, for example entertaining fans with customized light shows before, during and after games. Stadiums working with Signify as part of its FIFA Preferred Provider status can draw on a wide range of technology, including: Each lighting system can be managed remotely across the venue, including pitch, stadium façade and hospitality areas, helping to improve operational efficiency. Signify floodlighting is currently being used at world-class stadiums across the globe, including Stadion Feijenoord in Rotterdam, the Netherlands, where a new Arenavision lighting system has improved the match day experience for all and provides energy savings of 63%1 against previous systems. Niels Geven, Signify’s International Director, Sports and Arenas said, “This recognition from FIFA, which is responsible for some of the world’s most prestigious and watched sports events, is an important milestone for Signify and a reflection of our leadership in sports lighting. High-quality illumination is hugely important in modern-day sport, especially top-flight football. It’s vital for both player performance, officiating and broadcasting purposes, and an essential part of the match-day fan experience.” Signify has over 60 years’ experience working with sports lighting across a range of sports including football, hockey, basketball, cricket and tennis. The world leader in lighting is also the official lighting partner of the Mercedes-AMG PETRONAS Formula 1 team. For more information on arena and stadium lighting, click here. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Vistry Advances Plans for Sunderland’s Riverside Sheepfolds Neighbourhood

Vistry Advances Plans for Sunderland’s Riverside Sheepfolds Neighbourhood

Plans have been formally submitted for a major riverside regeneration project in Sunderland, with enabling works on the new Sheepfolds neighbourhood potentially starting as early as autumn. The hybrid planning application outlines proposals for up to 600 new homes, as well as commercial space and a car park, forming a key part of the city’s broader ambition to re-populate and revitalise its centre. Sheepfolds will become the most densely populated of the four emerging neighbourhoods within the Riverside Sunderland masterplan, located on the north side of the River Wear and connected to the city centre via the new Keel Crossing. Vistry Group, named as the council’s preferred development partner in May, is spearheading the plans. The hybrid application includes a detailed submission for the first phase of remediation works, which could begin in autumn 2025, with full housing construction targeted to start in early spring 2026. Councillor Kevin Johnston, portfolio holder for housing, regeneration and business at Sunderland City Council, said:“There is a pace to the development programme in this city that sends a clear message to our residents that we deliver what we say we will. The works proposed within the planning application will prepare the site for the first phase of residential development, which will be located to the east of the neighbourhood, connecting the fantastic new Housing Innovation and Construction Skills Academy with the St Peter’s Metro station.” The Riverside Sunderland vision aims to regenerate 32 hectares of brownfield land, delivering 1,000 new homes across four communities, with Sheepfolds set to play a central role in shaping the area’s future. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Clowes Developments Begins Construction of New Trade Counter Units at Stud Brook Business Park

Clowes Developments Begins Construction of New Trade Counter Units at Stud Brook Business Park

Clowes Developments, in partnership with contractor Roe Developments, has commenced enabling works for the next phase of Stud Brook Business Park in Castle Donington. The project will deliver five new trade counter, warehouse, and industrial units ranging in size from 3,229 sq ft to 4,606 sq ft, following planning approval from North West Leicestershire District Council. Located on Plot 1, the units will be built around the fully operational Starbucks Drive-Thru, which sits prominently at the entrance of the business park and offers excellent access and ample central parking. The site is also adjacent to a newly opened Sainsbury’s Local, further enhancing the location’s appeal. Designed primarily for trade counter operators, the new units are part of a strategic expansion of the park. Occupier announcements are expected in the coming months. Roe Developments has been appointed as the main contractor and will deliver the scheme under a 30-week build programme. Units are scheduled for handover around Christmas 2025, with occupiers anticipated to begin trading in the New Year. James Richards, Development Director at Clowes Developments, commented: “We’re excited to move forward with the next phase at Stud Brook Business Park. The development has seen strong demand from trade operators since its launch, and Plot 1 represents a key opportunity to build on that momentum. With its prime location and excellent amenities, this phase is set to attract high-quality occupiers. Our ongoing collaboration with IMA Architects and local stakeholders ensures the scheme supports both commercial needs and the broader Castle Donington community.” Potential trade counter occupiers are invited to contact the site’s agents directly via Richard Sutton richards@ng-cs.com 07977 121 340 and Tim Gilbertson tim@fhp.co.uk 07887 787 893. Building, Design & Construction Magazine | The Choice of Industry Professionals

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