Commercial : Industrial News
PLP Acquires Prime Midlands M1 Development Site

PLP Acquires Prime Midlands M1 Development Site

PLP, a leading logistics developer and investment manager, has acquired a 65-acre development site with frontage to the M1 immediately adjacent to Junction 27 of the M1 at Sherwood Business Park, Nottingham. PLP Nottingham will deliver a three-unit scheme totalling 700,000 sq ft across three buildings, 69,000 sq ft, 172,000

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Firethorn completes 80-acre logistics acquisition in Bardon

Firethorn completes 80-acre logistics acquisition in Bardon

Real estate investor, developer and asset manager, Firethorn, has acquired an 80.2-acre logistics site in Bardon, Leicestershire. The site benefits from detailed planning consent for two units totalling 947,650 sq. ft., with B2 and B8 use. Firethorn has completed the acquisition from Diamantem and will now progress development of the

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Glencar Marks Major Construction Milestone at Oxford University Collections Storage Facility Expansion in Swindon

Glencar Marks Major Construction Milestone at Oxford University Collections Storage Facility Expansion in Swindon

Glencar has marked a key construction milestone at Oxford University’s expanding Collections Storage Facility (CSF) in Swindon with a ceremonial slab pour held on Thursday 5 March. The event brought together representatives from Glencar, Ridge, Bidwells and Oxford University’s Bodleian Libraries team, alongside the workforce delivering the project on site.

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Panattoni strengthens UK platform with nine senior appointments

Panattoni strengthens UK platform with nine senior appointments

Panattoni, the world’s largest privately owned industrial real estate developer, has made nine senior appointments across its UK development, project delivery and investment and finance teams, as the business continues to scale its acquisition and development programme. The appointments, which bring talent from CBRE, Savills, PwC, Chancerygate, Knight Frank, Boreal

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VGP expands UK footprint with Sheffield logistics park

VGP expands UK footprint with Sheffield logistics park

Pan-European logistics and industrial real estate specialist VGP has unveiled its second UK development, confirming Sheffield as the latest location in its growing national portfolio. VGP Park Sheffield is being delivered on a brownfield regeneration site to the east of the city centre, close to the A361 and junction 34

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Latest Issue
Issue 338 : Mar 2026

Commercial : Industrial News

Erdgard targets £51m Platform Brackmills logistics scheme in Northampton

Erdgard targets £51m Platform Brackmills logistics scheme in Northampton

Plans have been submitted for a £51m industrial and logistics development in Northampton, with the proposed scheme set to bring forward a new generation of high-spec warehouse space in one of the UK’s most established employment locations. The project, known as Platform Brackmills, will be delivered on an 11.5-acre site and comprises three units ranging from approximately 46,400 sq ft to 76,500 sq ft. The scheme is being promoted by industrial and logistics specialist Erdgard Developments in partnership with the Richardson family business. If approved, the development will transform a previously underutilised site into a modern logistics hub designed to meet both current and future occupier demands. The units are expected to be available for occupation by the third quarter of 2027. Erdgard said the scheme reflects continued demand for well-located, high-quality industrial space, particularly in established logistics centres where connectivity and workforce access remain key drivers for occupiers. Director Gareth Williams commented that the proposals would bring the site back into productive use, delivering a high-quality employment scheme aligned with market expectations. He added that the location, already home to a number of major occupiers, would appeal to businesses seeking a modern working environment with strong transport links. Sustainability and performance sit at the core of the development’s design. The buildings are targeting BREEAM Excellent certification and will incorporate a range of low-carbon and energy-efficient technologies. These include air source heat pumps, LED lighting systems, electric vehicle charging infrastructure and rainwater recycling, alongside sustainable urban drainage systems to manage water effectively across the site. Constructed using a steel portal frame, the buildings will offer flexible internal layouts with column spacing designed to accommodate a wide range of racking and operational configurations. Enhanced cladding systems will also improve thermal performance, helping to reduce energy consumption and operational costs for occupiers. Erdgard’s approach goes beyond base build delivery, with the developer able to integrate bespoke occupier requirements into the specification. This includes tailored lighting, sprinkler systems, security solutions and other operational enhancements to support a variety of industrial and logistics uses. The scheme also reflects the company’s wider focus on sustainability and responsible development. Erdgard has committed to delivering its buildings as net zero carbon in construction, in line with UK Green Building Council guidance, while also embedding biodiversity and whole-life carbon considerations into its projects. As demand for high-quality, sustainable logistics space continues to grow, Platform Brackmills is positioned to play a key role in supporting occupiers seeking future-ready accommodation within a proven industrial location. Building, Design & Construction Magazine | The Choice of Industry Professionals

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J. Smart & Co targets major Eurocentral logistics hub with new joint venture scheme

J. Smart & Co targets major Eurocentral logistics hub with new joint venture scheme

Contractor J. Smart & Co has joined forces with developer Manse LLP to bring forward a significant new industrial and logistics scheme at Eurocentral, with a planning application now submitted to North Lanarkshire Council. The proposed development, known as Eurocentral Gateway, will deliver more than 200,000 sq ft of modern industrial space within one of Scotland’s most established and strategically important distribution locations. The scheme will comprise two high-specification units of approximately 80,000 sq ft and 120,000 sq ft, designed to meet the evolving requirements of logistics and industrial occupiers. The development will place a strong emphasis on sustainability, operational efficiency and contemporary design standards. Eurocentral continues to attract strong demand due to its central location and excellent transport connectivity, making it a key hub for national distribution. The latest proposals aim to capitalise on this demand by delivering flexible, high-quality accommodation suited to a range of occupiers. J. Smart & Co’s involvement reflects its growing role not only as a contractor but also as a development partner, working alongside Manse LLP to deliver the scheme through a joint venture structure. Property consultants CBRE and Colliers have been appointed as joint letting agents and are already encouraging early engagement from prospective occupiers, particularly those seeking pre-let opportunities in a market where supply of prime industrial space remains constrained. Craig Semple, director at CBRE Scotland, said the scheme represents an important addition to the market, noting that demand for high-quality logistics accommodation across Scotland continues to outstrip supply. He added that established locations such as Eurocentral remain especially attractive to occupiers, and developments of this scale and specification are likely to generate strong interest. If approved, Eurocentral Gateway will further strengthen the region’s industrial offering, providing future-ready space aligned with occupier expectations around sustainability, efficiency and long-term performance. The project also highlights the continued momentum within Scotland’s industrial and logistics sector, as developers and contractors respond to sustained demand for well-located, high-specification space. Building, Design & Construction Magazine | The Choice of Industry Professionals

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PLP Acquires Prime Midlands M1 Development Site

PLP Acquires Prime Midlands M1 Development Site

PLP, a leading logistics developer and investment manager, has acquired a 65-acre development site with frontage to the M1 immediately adjacent to Junction 27 of the M1 at Sherwood Business Park, Nottingham. PLP Nottingham will deliver a three-unit scheme totalling 700,000 sq ft across three buildings, 69,000 sq ft, 172,000 sq ft and 459,000 sq ft. Construction will commence in June 2026 with completion targeted for Q3 2027. The site benefits from direct access to the M1 and the national motorway network, providing immediate connectivity to the industrial heartland of the UK and regional urban conurbations. Neil Dickinson Chief Investment Officer at PLP, commented:“PLP Nottingham is a prime example of PLP’s investment thesis; prime, immediately deliverable and perfectly tailored product to an undersupplied market and we look forward to delivering the completed scheme next year.” Hugh Chesterton, Development Director at PLP also commented:“PLP Nottingham will deliver three high quality buildings into one of the UK’s most undersupplied markets. The BREEAM Excellent scheme will be highly attractive to a range of national and regional tenants given its unique adjacency to Junction 27 of the M1 and the urban conurbations of the East Midlands. The scheme will create many new employment opportunities and will represent a substantial investment into the local economy and community.’’ PLP was advised by Avison Young, Savills and Oxalis acted for the landowner. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Firethorn completes 80-acre logistics acquisition in Bardon

Firethorn completes 80-acre logistics acquisition in Bardon

Real estate investor, developer and asset manager, Firethorn, has acquired an 80.2-acre logistics site in Bardon, Leicestershire. The site benefits from detailed planning consent for two units totalling 947,650 sq. ft., with B2 and B8 use. Firethorn has completed the acquisition from Diamantem and will now progress development of the project, with plans to invest in excess of £125m to deliver the units on a speculative and build-to-suit basis. Located within the East Midlands’ “Golden Triangle”, the site sits within the UK’s logistics heartland with direct access to the strategic national highway network at Junction 22 of the M1. The new development will follow previous phases delivered by Mountpark which are now occupied by established distribution and manufacturing occupiers including Amazon, DHL, Eddie Stobart, VF, Vistry, and Pharmacy2U. This is the latest in a series of purchases by Firethorn, following the acquisitions of two logistics sites in Maidenhead and Aylesbury in December, which added a further 26.3 acres to its portfolio. James Sanders, Head of Industrial and Logistics at Firethorn, said: “This latest acquisition reflects our disciplined approach to logistics investment, targeting high quality assets that enable us to create long-term value. “Bardon is one of the UK’s most established logistics locations, ideally suited to large-scale occupiers demanding scale, connectivity, and access to skilled labour. This is an exciting project for Firethorn and we’re looking ahead to delivering best-in-class product in a proven core market. “We continue to actively target prime opportunities in the sector throughout the UK that will deliver strong returns for our shareholders, and respond to market demand.” Firethorn has commenced infrastructure delivery and expect to reach practical completion in 2027. Firethorn was advised by CBRE. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Glencar Marks Major Construction Milestone at Oxford University Collections Storage Facility Expansion in Swindon

Glencar Marks Major Construction Milestone at Oxford University Collections Storage Facility Expansion in Swindon

Glencar has marked a key construction milestone at Oxford University’s expanding Collections Storage Facility (CSF) in Swindon with a ceremonial slab pour held on Thursday 5 March. The event brought together representatives from Glencar, Ridge, Bidwells and Oxford University’s Bodleian Libraries team, alongside the workforce delivering the project on site. During the event, Richard Ovenden OBE, Head of Gardens, Libraries and Museums and the Helen Hamlyn Director of the University Libraries, who currently serves as the 25th Bodley’s Librarian at the University of Oxford, delivered remarks highlighting the significance of the development for the long-term preservation of the University’s collections. To commemorate the occasion, Glencar presented Richard Ovenden with a small quantity of ceremonial concrete from the pour, symbolising the foundations being laid for the next phase of the development. The milestone marks significant progress on the expansion of the prestigious storage facility at South Marston, Swindon, commissioned by Oxford University’s Gardens, Libraries and Museums (GLAM). The specialist development represents a major investment in the long-term preservation of Oxford University’s globally significant collections. The project involves the extension of the existing Collections Storage Facility through the construction of a new climate-controlled storage chamber, known as Chamber 5, alongside the development of a Spirit Collection Store (SCS),  a dedicated building designed for the safe storage of zoological specimens. Once complete, the expanded facility will increase storage capacity for the Bodleian Libraries’ vast holdings, which include more than 10 million books and manuscripts, as well as artefacts from the University’s four museums: the Ashmolean Museum, Museum of Natural History, Pitt Rivers Museum and the History of Science Museum. Designed to Passivhaus Classic Standards, the new buildings will achieve exceptional levels of energy efficiency and environmental control,  critical for safeguarding sensitive cultural, scientific and archival materials. The development will also introduce a range of specialist facilities to support the care, research and accessibility of the collections. These include new visitor rooms and washroom facilities, a conservation laboratory and working area for the maintenance of fragile materials, and a photography and digitisation studio to support high-resolution imaging and digital archiving. A secure loading bay designed to accommodate 7.5-tonne vehicles will ensure efficient and protected collection handling, while the new Spirit Collection Store will feature ATEX-rated mechanical and electrical installations and a fume cupboard compliant with DSEAR regulations to safely house zoological specimens. The main storage chamber is being constructed to achieve airtightness of 0.3 air changes per hour, providing the optimal environmental conditions required for long-term preservation. The slab pour milestone follows the groundbreaking ceremony held in July, which marked the start of construction and brought together representatives from across the project team. Delivered over a 69-week programme, construction commenced in April 2025, with practical completion scheduled for August 2026. Glencar is delivering the project as main contractor, working alongside Purcell Architects, Bidwells, Ridge and Price & Myers, in collaboration with colleagues across Oxford University’s Gardens, Libraries and Museums institutions. The development represents a significant advancement in sustainable storage design and reinforces Glencar’s role in supporting the safeguarding of cultural heritage while enabling future academic research and discovery. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Prologis brings forward further 1 million sq ft at DIRFT amid rising demand

Prologis brings forward further 1 million sq ft at DIRFT amid rising demand

Prologis UK has submitted proposals for DC762, a new 762,000 sq ft rail-served distribution centre at Daventry International Rail Freight Terminal (DIRFT), as it progresses over 1 million sq ft of remaining consented capacity at the estate. DC762 forms part of three expansion plots at DIRFT, which together total 1,063,000 sq ft. Two further units, measuring 158,000 sq ft and 265,000 sq ft respectively, are planned for submission in the coming weeks. The proposals follow a sustained increase in customer enquiries at DIRFT with retailers, third-party logistics providers and e-commerce businesses seeking centrally located platforms with multimodal connectivity. The submission for DC762 relates to Plot F in the eastern part of DIRFT III and sits within the site’s Development Consent Order, providing a clear and established planning route to delivery. Scale and specification Designed to meet the demands of modern logistics, DC762 will deliver an 18m clear internal height. The cross-docked building will include 114 dock doors and 11 level access doors on east and west elevations.  Infrastructure proposals include a new access road, 233 trailer spaces, 590 space car park and 144 cycle spaces.  The building will target BREEAM Outstanding and EPC A+ ratings and feature a 700kWp rooftop solar PV system, capable of generating enough electricity annually to power approximately 200 UK homes. Design and landscape DC762 will adopt a contemporary architectural approach in keeping with recent developments by Prologis at DIRFT, continuing to raise the bar for logistics design. Full-height glazing and a south west-facing external balcony accessible from the first-floor offices will strengthen the connection between internal and external environments. Extensive landscaping aims to provide employees and visitors with spaces to relax and connect with nature. Proposals include extensive planting of woodlands, hedgerows, grassland and bulbs to enhance biodiversity and create seasonal interest. Progress at scale Over the past six months, DIRFT has secured a series of major commitments, including M&S Food’s 1.3 million sq ft national distribution centre and XPO’s national chilled palletised logistics hub for Arla Foods. More recently, e-commerce homeware brand Laura James confirmed a 217,785 sq ft build-to-suit facility at the estate. DC762 follows full consent being granted for DC613, a 613,000 sq ft unit at DIRFT ready for fast-track occupation, with groundworks and power connection in place. Construction of DC107, a speculative 107,000 sq ft development, commenced in January and is scheduled for completion in Q3 2026. James Hemstock, Capital Deployment Director at Prologis UK, said: “Enquiries for plots at DIRFT have increased as customers prioritise scale, connectivity and long-term certainty. Progressing these developments now ensures that capacity is available to meet sustained demand in the Midlands. DIRFT continues to demonstrate the strength of rail-connected logistics infrastructure as a long-term platform for UK supply chains.” Prologis continues to work with Government and West Northamptonshire Council to support the long-term evolution of its rail-served logistics platform at DIRFT. The estate’s direct rail connection supports a shift from road transport, reinforcing its role in delivering resilient, lower-carbon supply chains.  DIRFT supports more than 10,000 jobs and generated £219 million in annual GVA in 2023/24, alongside £13.1 million in business rates contributions. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Panattoni strengthens UK platform with nine senior appointments

Panattoni strengthens UK platform with nine senior appointments

Panattoni, the world’s largest privately owned industrial real estate developer, has made nine senior appointments across its UK development, project delivery and investment and finance teams, as the business continues to scale its acquisition and development programme. The appointments, which bring talent from CBRE, Savills, PwC, Chancerygate, Knight Frank, Boreal IM, Montagu Evans and Interpath Advisory, reflect the depth of Panattoni’s current UK pipeline and its confidence in continuing to invest in its people at a time when many across the sector are consolidating their workforces. Last year the company acquired 11 sites, secured 250 acres of land adding five million sq ft to its development pipeline, as well as leasing 2.5 million sq ft of space. That momentum has continued into 2026, with four lease transactions already signed in the first quarter. Development Three appointments have been made across Panattoni’s UK development platform, covering Southern England, London and the North. Alex Selwood joins as Associate Director from CBRE, where he was a Director advising industrial occupiers on their property acquisitions. Based within the Southern England and London team, he will focus on new site acquisitions and leasing activity. Chris Brown joins as Development Director from Chancerygate, where he was focusing on acquisitions in the North of England. He will help lead the expansion of Panattoni’s acquisition and leasing activity across its Northern portfolio. Will Fennell joins as Development Manager, South East and London, from Montagu Evans, where he was an Associate, and will work closely with occupiers on leasing while supporting speculative development across the region. Oliver Bertram, Head of Development (UK) at Panattoni, said: “The scale of our UK pipeline demands a development team with the depth and range to execute across multiple regions simultaneously. Alex, Will and Chris each bring a level of experience and market knowledge that will directly support our ability to move quickly on acquisitions and maintain leasing momentum. The breadth of their backgrounds, from occupier advisory to speculative development, reflects the range of what we are building at Panattoni.” Chris Brown, Panattoni new hire as Development Director, said: “I’m delighted to be joining Panattoni at such an exciting point in its growth. The momentum the business has built over the past few years has been remarkable, establishing itself as the most active industrial developer in the UK and a market leader across multiple regions. It’s a great platform to be part of, and I’m looking forward to contributing to the continued expansion of the Northern portfolio. Project Delivery Three appointments have been made to Panattoni’s Southern Project Management Team. Phil Beato joins as Project Delivery Director, having previously managed development and repositioning projects across Europe at Boreal IM. Tom Bird joins in the same role from Savills, where he was a Project Management Director. Chris Thrippleton joins as Senior Project Manager from Chancerygate, where he focused on project management for industrial developments. Ian Anderson, Head of Project Management at Panattoni, said: “Delivering at the pace our pipeline now requires means having the right people embedded at every stage of the process, from initial due diligence through to handover. Phil, Tom and Chris strengthen our capacity to do exactly that. Between them they bring experience across complex European development programmes, major project management mandates and industrial delivery at scale, and I am looking forward to what we will achieve together.” Phil Beato, Project Delivery Director, said: “It’s great to join Panattoni and gain a deeper understanding of the development platform from within such a well-respected global business. The scale, quality and ambition of the pipeline is clear to see, and it’s an exciting time to come on board. Having delivered development and repositioning projects across Europe, I’m looking forward to bringing that experience to the team and supporting the next phase of the company’s growth across the UK.” Capital Markets Panattoni has also bolstered its UK capital markets team against a backdrop of renewed investor appetite and activity across the sector. Phoebe Burdett has joined as Capital Markets Analyst from Knight Frank’s London Capital Markets team and will play a central role in capital formation, supporting investor relations and transaction management across the platform. Investment and Finance Two appointments have been made to Panattoni’s finance and investment team, strengthening its capacity to enhance financial structuring, execution and managing an increasingly active development programme. Garrick Pepper joins as Associate Director, Investment and Finance, from PwC, where he led advisory work across M&A and corporate finance transactions. Garrick is an active contributor to the UK property industry and serves on the British Property Federation’s Logistics Committee and Futures Advisory Board. Zachary Atkinson joins as Associate, Investment and Finance, from Interpath Advisory, where he was a Manager in M&A, having previously worked at KPMG. Oliver Choppin, Finance Director at Panattoni, said: “We are delighted to welcome Garrick and Zachary to the team to deepen and broaden our finance and investment function. Their appointments significantly strengthen our capabilities across transaction management, capital deployment and financial operations, ensuring we are well positioned to support the continued growth of the business. As our pipeline continues to expand, building out a best-in-class finance team is critical. These hires reflect our long-term commitment to disciplined growth, strong governance and delivering value for our investors and partners.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Planning submitted for five new units at Worcester Six Business Park

Planning submitted for five new units at Worcester Six Business Park

Proposals have been submitted for the speculative development of smaller industrial units at Worcester Six, the flagship business park. Overseen by the planning committee of Wychavon District Council, the plans relate to a 3.46 acre plot at Worcester Six and will be known as North Point. This phase will deliver up to five units ranging from 5,532 sq ft up to 34,401 sq ft, with options to combine. Available either for sale or to let, the units are designed to meet growing demand from manufacturing, light industrial businesses and SMEs. Located adjacent to Junction 6 of the M5, Worcester Six Business Park is already home to a number of major national and international occupiers, including MiTek, Bidfood, Alliance Flooring Distribution, Material Solutions, Kimal, Spire Healthcare, IONOS, Kohler Mira, Zwick Roell, Super Smart Service, Stop Start Transport and Sierra CP Engineering.  The North Point development represents an alternative to the larger-format buildings for which Worcester Six is best known, broadening the park’s occupier mix and providing flexible accommodation for a different segment of the market. Edward Peel, Director at Stoford, said: “We are pleased to announce the submission of the latest planning application at Worcester Six, which will further diversify the offer at the site and support continued business growth in the region. The park has been an incredibly successful, game-changing development over the last ten years, with strong and sustained demand for commercial space. These proposals represent an exciting opportunity for further development, creating new, sustainable units to meet ongoing market demand.” Charles D’Auncey, Director at Harris Lamb, said: “These units will be a great addition as they offer a totally different type of space to anything else currently available at Worcester Six. North Point occupies a prominent position in a strategic location adjacent to Junction 6 of the M5. The introduction of smaller industrial units opens the business park up to a new market, with a variety of unit sizes to march occupier requirements.” For details about availability at Worcester Six, please contact the schemes retained agents: Charles D’Auncey at Harris Lamb – charles.dauncey@harrislamb.com or Tom Arnold at Colliers – tom.arnold@colliers.com. Or for more information, visit: www.worcester6.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals

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VGP expands UK footprint with Sheffield logistics park

VGP expands UK footprint with Sheffield logistics park

Pan-European logistics and industrial real estate specialist VGP has unveiled its second UK development, confirming Sheffield as the latest location in its growing national portfolio. VGP Park Sheffield is being delivered on a brownfield regeneration site to the east of the city centre, close to the A361 and junction 34 of the M1. The scheme will provide more than 265,000 sq ft of warehouse and office accommodation, targeting a broad range of industrial and logistics occupiers. The site sits approximately four miles from Sheffield city centre and just 1.5 miles from junction 34 of the M1, offering strong connectivity to national distribution networks. Manchester Airport is around 42 miles away, while East Midlands Airport lies 49 miles to the south, reinforcing the park’s strategic positioning within the UK logistics corridor. In line with VGP’s wider development standards, the Sheffield park will be constructed to achieve BREEAM Excellent certification, reflecting the company’s focus on sustainable design and operational performance. Completion is anticipated in the first quarter of 2027. The launch follows the recent announcement of VGP Park East Midlands, the company’s first UK site, located adjacent to junction 24a of the M1 and the A50. That development offers units from 95,000 sq ft upwards, including tailored solutions for larger logistics operations. It is targeting BREEAM Outstanding and will incorporate rooftop solar panels to enable on-site renewable energy generation. VGP’s expansion into the UK market forms part of its integrated development model, which spans land acquisition, construction and long-term asset management. Once complete, the Sheffield assets will be managed directly by VGP, maintaining continuity from development through to occupation. With two strategic sites now underway, VGP is positioning itself to meet growing demand for high-quality, sustainable industrial and logistics space across key UK regions. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Prologis and EQT Real Estate complete Midlands logistics portfolio transaction 

Prologis and EQT Real Estate complete Midlands logistics portfolio transaction 

Prologis UK and EQT Real Estate have completed the sale and acquisition of a three-asset, fully leased logistics portfolio in the Midlands for an undisclosed sum.  The portfolio comprises Nuneaton Bermuda Park DC1 and Rugby Central Park DC1 and DC2, totalling approximately 909,000 sq ft across the East and West Midlands. The Midlands continues to play a critical role in the UK’s distribution network, supported by established infrastructure and resilient customer demand.  For Prologis, the sale reflects active portfolio management.  Paul Weston, Regional Head of Prologis UK, said: “These are high-quality, stabilised assets in core locations. The transaction reflects our disciplined approach to capital allocation. We regularly assess where we can realise value and redeploy capital into development and other opportunities that support our long-term priorities in the UK.”  The acquisition strengthens EQT Real Estate’s presence in UK logistics markets, one of Europe’s most established and strategically located distribution hubs.  Jonathan Mackie, Managing Director at EQT Real Estate, added: “The Midlands is one of the UK’s most important logistics hubs, and this portfolio is well positioned to serve the evolving needs of occupiers while benefiting from active asset management and long-term sustainability-led value creation. The addition of these assets to our portfolio aligns strongly with EQT Real Estate’s strategy of acquiring modern, high-potential logistics properties in underserved markets in Europe.”  The transaction reflects continued investor demand for stabilised logistics assets in core UK markets. The sector benefits from long-term demand trends and limited availability of modern space in established locations, which continues to attract institutional investment.  Prologis continues to deploy capital across the UK. Recent activity includes four development starts at DIRFT, including M&S Food’s flagship National Distribution Centre and being announced as development partnership for Manchester Airport Group at East Midlands Airport Freeport.  Prologis were advised by CBRE & DTRE, EQT were advised by Knight Frank.  Building, Design & Construction Magazine | The Choice of Industry Professionals

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