SEGRO has completed the development of nine new speculatively-built industrial units at Slough Trading Estate, providing highly sustainable space to meet demand from a diverse range of businesses The redevelopment scheme at 136 Edinburgh Avenue has transformed the former single-building into over 107,000 sq ft of high-quality warehouse space. The
HelloParks has commenced construction of two new sustainable industrial and logistics facilities in Fót and Páty (North and West of Budapest), adding over 88,000 sqm of space to its domestic development pipeline. Upon completion, the company will operate a total of 11 buildings across its megapark network by the end
4.7 acre Bromley-by-Bow industrial park is the biggest industrial site within three miles of the City Global real estate investment company Kennedy Wilson announces that it has acquired Bromley-by-Bow Industrial Park, a strategically located East London development site with planning consent for the creation of a highly sustainable, best in
Network Space Investments (NSI) has completed the £9 million acquisition of a prominent 103,262 sq ft industrial estate on Grange Mill Lane in Sheffield – just minutes from Meadowhall and junction 34 of the M1. Comprising four vacant warehouse units with generous, secure yard space and parking, NSI will comprehensively
LondonMetric Property Plc (“LondonMetric”) announces the acquisition of a long-let M&S logistics warehouse for £74.0 million, reflecting a NIY of 5.65%. The 390,000 sq ft regional logistics warehouse is pre-let to M&S on a 20-year lease with five yearly upward only rent reviews linked to CPI. The highly specified warehouse
Maro Developments has received the green light to build a 313,000 sq ft grade A logistics warehouse in Knowsley, marking a major milestone for the developer’s expanding portfolio. The new development—dubbed Mercury 62—will sit on a 22-acre site to the southeast of Junction 6 of the M62. With two new
Panattoni, the world’s largest privately owned industrial developer, has announced the letting of a 345,284 sq ft unit at Panattoni Park J28 Central M1 to warehouse solutions and last-mile delivery business Super Smart Service. CIRRO Fulfillment, operating under the legal entity Super Smart Service, has signed a 15-year lease and
Goodman has acquired the former Vauxhall van manufacturing site at Kimpton Road, Luton Global property company, Goodman, is looking to regenerate the recently acquired Vauxhall van manufacturing site at Kimpton Road, Luton. It is estimated the regeneration could create more than 1,700 direct jobs once complete, and will represent an
Panattoni, the world’s largest privately owned industrial developer, announces the completion of a bespoke built-to-suit (BTS) 621,000 sq ft facility and its occupation by Tesco, the UK’s leading retailer, at Panattoni Park Aylesford. The completion of this project marks a significant milestone in supporting supply chain efficiency for Tesco, enabling
McLaren Construction Midlands and North is proud to announce the successful completion of the UK’s largest cold store facility, developed for Magnavale Ltd, one of the country’s leading temperature controlled warehouse and value added service providers. The fully automated facility stands at 47 metres tall with a capacity for 101,000
SEGRO has completed the development of nine new speculatively-built industrial units at Slough Trading Estate, providing highly sustainable space to meet demand from a diverse range of businesses The redevelopment scheme at 136 Edinburgh Avenue has transformed the former single-building into over 107,000 sq ft of high-quality warehouse space. The units have been purposefully designed in a range of sizes, from 2,000 to 10,000 sq ft, to support smaller and growing enterprises, as well as larger units of 32,000 and 45,000 sq ft. SEGRO has seen strong interest in the units, reflecting high demand and limited supply of highly sustainable industrial space in the Thames Valley. Demonstrating SEGRO’s commitment to Championing low-carbon growth, the units boast excellent sustainability credentials, achieving BREEAM Excellent and EPC A+ ratings. Features include air source heat pumps, smart building sensors and controls and over 21,000 sq ft of PV panels generating energy savings of over 350 kWh/Yr and carbon savings of over 42,000 Kg/Co2/Yr. In addition, 20% of parking spaces are equipped with EV charging points and the development offers ample secure bike storage with electric bike chargers to encourage active travel. Anna Bond, Head of Western Corridor at SEGRO, said: “This development demonstrates our commitment to evolving the Slough Trading Estate in line with the needs of modern businesses. “We are already seeing strong demand from occupiers for several units at the development, reinforcing the attractiveness of Slough Trading Estate as a prime business location. The high level of interest before completion underlines the confidence of customers in the quality of our spaces as well as the advantages of being part of a thriving business community.” Slough Trading Estate is the largest privately-owned business park in single ownership in Europe. Over one third of the estate is less than 10 years old. Local amenities including a high street bank, restaurants, shops, fitness facilities and healthcare centres are all within easy reach on the estate. Building, Design & Construction Magazine | The Choice of Industry Professionals
HelloParks has commenced construction of two new sustainable industrial and logistics facilities in Fót and Páty (North and West of Budapest), adding over 88,000 sqm of space to its domestic development pipeline. Upon completion, the company will operate a total of 11 buildings across its megapark network by the end of the year. These developments directly respond to robust market demand, with warehouses at both sites operating near full capacity. The new buildings are designed to meet the highest sustainability standards—complying with the Outstanding rating criteria under the BREEAM New Construction certification and the stringent requirements of the EU Taxonomy. Construction has begun on the fourth facility (PT5) in the Páty HelloParks Budapest West megapark. The structural works are complete, and concrete flooring will soon be poured. Completion is scheduled for Q3 2025. Once finished, this 42,000 sqm BigBox warehouse will bring the total completed industrial space in Páty to 184,000 sqm. Existing facilities in the park currently enjoy an 84% occupancy rate, with tenants including prominent global logistics and transportation providers such as dm-Drogerie Markt, DHL, Gebrüder Weiss, and Transdanubia. Strategically situated in the western agglomeration of Budapest, the 87-hectare HelloParks Páty lies adjacent to the M1 motorway and close to the M0 and M7 junctions—making it an ideal hub for local, national, and international logistics. Meanwhile, work is advancing on the FT3 warehouse in Fót, HelloParks North, with groundwork underway and structural columns to be installed shortly. This 46,000 sqm BigBox facility is scheduled for completion by the end of the year, expanding the Fót megapark to four buildings totalling 164,000 sqm. Existing warehouses here are almost entirely let, with notable tenants including BYD and Samsung. Located in the northern vicinity of Budapest, adjacent to the M0 and M3 motorways, the 57-hectare Fót HelloParks Budapest North offers capacity for up to 254,000 sqm of industrial space. Notably, every building in the park has received EU Taxonomy certification—a unique achievement in Hungary. With the addition of these two new facilities, HelloParks will operate 11 buildings across its megaparks by year-end, spanning North, West, South and East of Budapest (Fót, Páty, Alsónémedi, and Maglód). All properties are constructed in alignment with BREEAM sustainability standards and EU Taxonomy criteria, offering tenants environmentally responsible, energy-efficient, and future-proof spaces. Only 3% of buildings worldwide achieve BREEAM’s Outstanding rating. HelloParks is the sole developer in Hungary that consistently meets these rigorous benchmarks. Five of its buildings have received the Outstanding certificate, with two more achieving the Excellent rating. As regulatory pressures increase, sustainable facilities are increasingly crucial to occupiers in meeting their ESG objectives. “Our development pace is dictated by market demand. Occupancy rates clearly show the continued strong interest in well-located, modern industrial properties. We aim to respond swiftly and strategically while ensuring that every new building meets the strictest sustainability standards. It’s not enough to simply add capacity – we’re committed to creating spaces where our partners can operate long-term under optimal, energy-efficient conditions,” said Rudolf Nemes, CEO of HelloParks. Both warehouses under construction will feature heat pump-based heating and cooling systems and rooftop solar panels that can reduce office areas’ primary grid energy consumption to zero. Each facility will be equipped with advanced building management systems (BMS) that optimise heating, ventilation, air conditioning, and electrical and water infrastructure capable of detecting and preventing leaks. Tenants will also benefit from HelloParks’ proprietary mobile application, which integrates with the parks’ building control systems, enabling remote management of rented areas. Users can adjust heating, ventilation, and lighting settings, monitor utility usage, and access detailed technical data for their leased units. Building, Design & Construction Magazine | The Choice of Industry Professionals
4.7 acre Bromley-by-Bow industrial park is the biggest industrial site within three miles of the City Global real estate investment company Kennedy Wilson announces that it has acquired Bromley-by-Bow Industrial Park, a strategically located East London development site with planning consent for the creation of a highly sustainable, best in class ultra urban industrial scheme with a GDV of circa £100 million, from Fabrix. Located on a 4.7 acre area, the site was assembled and master planned by Fabrix following a series of land purchases which took place over several years. It subsequently achieved planning consent for the regeneration of the site in September 2024, doubling the current space for a scheme which will deliver 135,000 square feet of highly desirable and sustainable industrial space. Situated within only three miles of the City of London in a prime distribution location, the site benefits from fast access to Central London, a critical consideration for many high-value industrial occupiers, and the rest of the city by virtue of its excellent access to key arterial roads. As one of only two Strategic Industrial Locations in Tower Hamlets, Fabrix designed the redevelopment to set a new standard for how industrial space can be sensitively integrated within the urban fabric and be a positive neighbour to both adjacent industrial estates and residential communities, with a design that significantly improves the appearance, efficiency and sustainability of the site. It was this approach that helped to unlock the regeneration of the most centrally located, undeveloped large-scale industrial site in London, in an area where much of the existing stock of industrial space is being lost to other uses. The site proposals comprise a new-build central block of industrial units arranged in two linear terraces around a central yard (consisting of 10 units of varying sizes from 600 square metres – 1800 square metres), and a re-purposed small brick MOT warehouse building, positioned at the west entrance, designated for use as the Affordable Workspace & a Circular Economy Hub, totaling 11,976 square metres (GIA) of floorspace. The scheme, which will be developed by Kennedy Wilson to EPC ‘A’, and BREEAM ‘Excellent’, is expected to be attractive to a range of future occupiers, but particularly those operating in ‘last mile’ delivery. Fabrix will retain a role as a consultant for Kennedy Wilson during the initial stages of development to drive forward ESG and community initiatives through the partnerships it has generated with local organisations. This latest acquisition expands Kennedy Wilson’s UK industrial platform, which totals nearly 9 million square feet and represents circa $1.6 billion of AUM. “This transaction represented a rare opportunity to acquire a highly desirable industrial scheme in a location with strong underlying fundamentals,” said Mike Pegler, President, Kennedy Wilson Europe. “We are always looking for opportunities to invest capital into industrial assets in thriving urban locations and this is particularly attractive where schemes, such as Bromley-by-Bow, will offer leading sustainability credentials to its future occupants.” Louis Duffield, Partner and Head of Investment at Fabrix said: “Fabrix’s consented scheme for the regeneration of Bromley-by-Bow Industrial Park is a project that will deliver super prime-quality space for ultra urban industrial and logistics uses, and secure genuine benefits for the community in Tower Hamlets. Kennedy Wilson’s purchase of the site will not only realise the value created by this vision, but also means that Fabrix can advance with our plan to rationalise our activity around the living and office sectors, marking an exciting new phase of work. Fabrix developed this project over many years of relationship building with the community and stakeholders, and we look forward to collaborating with Kennedy Wilson in a consultant role to drive forward ESG and community initiatives.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Network Space Investments (NSI) has completed the £9 million acquisition of a prominent 103,262 sq ft industrial estate on Grange Mill Lane in Sheffield – just minutes from Meadowhall and junction 34 of the M1. Comprising four vacant warehouse units with generous, secure yard space and parking, NSI will comprehensively refurbish and reposition the estate as a modern, high-spec industrial hub. This will deliver high-quality space across a range of flexible unit sizes from 10,000 to 50,000 sq ft, all featuring eight-metre eaves. The new units will be available from late summer 2025, adding much-needed supply to a highly constrained local market. This latest acquisition is part of NSI’s strategy to redeploy capital following the recent successful disposal of Europa Way at Trafford Park. It also follows recent acquisitions in Oakhill, Manchester, and Cowley Way, Sheffield, further strengthening the company’s footprint across key regional industrial markets. Tom Dawson, Investment Director at Network Space Investments, commented: “This is a well-located and underutilised estate that offers significant potential for value creation. Our plan is to deliver modern, energy-efficient space suitable for a range of occupiers – and the flexibility of unit sizes will appeal to both regional businesses and national operators.” “The acquisition reflects our confidence in the industrial sector and supports our long-term strategy of investing in assets with strong fundamentals in resilient, growth locations.” As Network Space Investments accelerates its expansion, the business is actively seeking new investment and value add opportunities across the North of England. To support this ambitious growth strategy the team is expanding its investment and asset management capabilities to source new deals and capitalise on market opportunities. Roger Haworth at CPP acted on behalf of the vendor. NSI was unrepresented. Building, Design & Construction Magazine | The Choice of Industry Professionals
LondonMetric Property Plc (“LondonMetric”) announces the acquisition of a long-let M&S logistics warehouse for £74.0 million, reflecting a NIY of 5.65%. The 390,000 sq ft regional logistics warehouse is pre-let to M&S on a 20-year lease with five yearly upward only rent reviews linked to CPI. The highly specified warehouse is being developed by Epta Development Corporation (“EDC”) and its development partner, Stoford. It will be a key facility for M&S’s food distribution business and incorporates chilled, ambient and frozen product. The unit is located at Axis Works, a prime logistics location in Bristol, adjacent to other LondonMetric warehouse investments in Avonmouth. The BREEAM Excellent building is expected to complete in summer 2026 and LondonMetric will receive a funding coupon of 5.5% during the development. Andrew Jones, Chief Executive of LondonMetric, commented: “This is a high quality development let on a very long lease to one of the UK’s strongest retailers. It will deliver income longevity, certainty and guaranteed growth. It further extends our relationship with M&S and adds another exceptional building to LondonMetric’s portfolio.” Alex Freudmann, MD of M&S Food, commented: “Modernising our supply chain is key to increasing the capacity in our network and will help us get ahead of the volume curve we are driving in M&S Food to meet our ambition of becoming a shopping list retailer. This new site will ensure that we’re getting the right products to the right stores at the right time for our customers. It will also create a great working environment for our colleagues.” Chris Tsakumis, Principal at EDC, commented: “We are pleased to have invested in the site and our long-term UK investment strategy has reaped initial dividends with the announcement of our first occupier and investment sale.” CBRE and Knight Frank acted for EDC and Stoford. Lambert Smith Hampton represented M&S. Building, Design & Construction Magazine | The Choice of Industry Professionals
Maro Developments has received the green light to build a 313,000 sq ft grade A logistics warehouse in Knowsley, marking a major milestone for the developer’s expanding portfolio. The new development—dubbed Mercury 62—will sit on a 22-acre site to the southeast of Junction 6 of the M62. With two new junctions planned on Cronton Road, the project is expected to significantly boost connectivity and strengthen local infrastructure. Once operational, the facility is projected to contribute approximately £15.6 million in Gross Value Added (GVA) annually to the local economy. Designed by architectural practice Fletcher Rae and supported by global property consultancy JLL, the warehouse will offer a high-spec, single-unit distribution space tailored to the needs of modern logistics and warehousing businesses. Avison Young also played a key role in guiding the planning process. Chris Stroud, Director of Development at Maro Developments, commented: “Securing planning permission is a fantastic achievement and an exciting step forward. With JLL’s invaluable input, alongside Fletcher Rae’s design expertise and Avison Young’s planning guidance, we’re now ready to bring Mercury 62 to life. Its strategic location and premium specification will provide a first-class logistics solution for occupiers while supporting the broader community.” Edward Blood, Director at JLL, added: “Demand for top-tier logistics space in the North West remains strong among both occupiers and investors. Mercury 62 is perfectly positioned to meet that growing demand.” Construction is expected to commence in the coming months, bringing with it high-quality space for logistics firms and a boost to the regional economy. Building, Design & Construction Magazine | The Choice of Industry Professionals
Panattoni, the world’s largest privately owned industrial developer, has announced the letting of a 345,284 sq ft unit at Panattoni Park J28 Central M1 to warehouse solutions and last-mile delivery business Super Smart Service. CIRRO Fulfillment, operating under the legal entity Super Smart Service, has signed a 15-year lease and will use the space to enhance its operational capacity in the East Midlands, creating around 300 new jobs in the region and contributing £8 million to the economy. The business operates more than 10 warehouses across the Midlands, working with partners such as Royal Mail, Yodel, Hermes, China Post, and DPD to process and dispatch parcels for e-commerce retailers including eBay and Amazon. Panattoni Park J28 is equidistant from Birmingham and Leeds, two of the UK’s largest cities. Located off the M1, the site has direct links to Sheffield and Nottingham, as well as Birmingham via Derby through the A38. Its strategic location provides tenants with access to 71% of the UK’s population, within a 4.5 HGV journey. The park contains a second speculative unit of 231,191 sq ft ready for immediate occupation, with both units benefitting from 15m eaves and 50m service yards, as well as two-storey hub offices. In line with Panattoni’s sustainability commitments, both units have achieved BREEAM ratings of ‘Very Good’, and EPC rating of ‘A’. Andy Preston, Head of Development, North Midlands and Yorkshire, at Panattoni, said: “The M1/J28 is a strategic logistics location in the East Midlands, and Super Smart Service will benefit from easy access across the UK to ensure reliable and prompt delivery to consumers across the country. This letting will boost economic growth in the region, and showcases Panattoni’s ability to identify strategically-located sites and develop high-spec, state-of-the-art, sustainable buildings for use.” Charles Lu, Head of Business Development Europe at CIRRO Fulfillment, said: “Our new agreed lease at Panattoni Park J28 provides a great base for us to expand our operational capacity and reach, and serve more domestic businesses. The size and location of the unit is crucial in our provision of second-to-none storage and distribution, and we are pleased to have worked with Panattoni to find a unit that suits our specifications and needs, and support the creation of approximately 300 new jobs and a predicted £8 million generated in the region as we continue to drive the recovery of the UK economy.” For more information please visit here. The leasing agents are FHP, CBRE and Cushman & Wakefield. Building, Design & Construction Magazine | The Choice of Industry Professionals
Goodman has acquired the former Vauxhall van manufacturing site at Kimpton Road, Luton Global property company, Goodman, is looking to regenerate the recently acquired Vauxhall van manufacturing site at Kimpton Road, Luton. It is estimated the regeneration could create more than 1,700 direct jobs once complete, and will represent an investment by Goodman in excess of £400 million. Strategically located adjacent to London Luton Airport, and two miles from the M1, it plans to develop the site into a high-quality commercial and industrial park, attracting businesses from a range of sectors including advanced logistics, manufacturing, engineering and digital infrastructure. Over the coming months, Goodman will work closely with Luton Council, local business groups and the community to develop its plans. Jason Harris, Commercial Director at Goodman, said: “Our vision is to deliver a transformational regeneration scheme. This will attract new businesses to Luton and create a mix of jobs from a range of sectors. “We recognise the social and economic significance of the site to Luton and will work closely with Luton Council and the local community as we bring forward our plans to deliver a major contribution to the long-term economic growth of the town.” Councillor James Taylor, Portfolio Holder for Regeneration and Inclusive Growth at Luton Borough Council, added: “We look forward to working with Goodman to regenerate what is a hugely important strategic site for our town. We are keen to see a mix of commercial and industrial uses at the site, create quality new jobs for local people and bring in vital investment for Luton which will help drive Luton’s 2040 vision for a town where everyone can thrive.” Subject to planning, work is expected to start in 2027, with the first new businesses occupying the site in 2028. Building, Design & Construction Magazine | The Choice of Industry Professionals
Panattoni, the world’s largest privately owned industrial developer, announces the completion of a bespoke built-to-suit (BTS) 621,000 sq ft facility and its occupation by Tesco, the UK’s leading retailer, at Panattoni Park Aylesford. The completion of this project marks a significant milestone in supporting supply chain efficiency for Tesco, enabling enhanced logistics and operational capabilities. The new facility was designed in close collaboration with Tesco to meet the company’s specific operational needs. It features a 300,000 sq ft chilled section, a 100,000 sq ft freezer area, and extensive electric vehicle (EV) charging infrastructure to support Tesco’s transition to an electric HGV fleet. The state-of-the-art buildings will play a crucial role in Tesco’s ongoing efforts to improve the efficiency of its supply chain and bolster its capacity to meet customer demand, integrating advanced technologies to optimise logistics operations while supporting sustainability initiatives. This landmark project marks a major milestone in delivering sustainable logistics infrastructure and driving significant economic growth in the region. The facility is expected to support Tesco’s operations while contributing to the local economy and generating new jobs. Panattoni’s focus on sustainability is illustrated by achieving a BREEAM ‘Excellent’ certification and EPC ‘A’ rating on Tesco’s. Tony Watkins, Head of Development: South East & London at Panattoni said: “The 621,000 sq ft facility is the culmination of our vision for the project to deliver cutting-edge operational capabilities for Tesco, creating jobs and generating benefits for Kent. This facility will also bring amenities such as retail, dining, and services, while driving investment in logistics and local businesses. “We are incredibly proud of what we have achieved at Panattoni Park Aylesford. This development showcases our commitment to sustainability, innovation, and collaboration with tenants such as Tesco, the local community, and stakeholders. Together, we have delivered a facility that sets a new benchmark for modern logistics.” Stuart Moffat, Head of Development – Distribution at Tesco said: “We have worked with Panattoni over the past few years to develop a bespoke facility that meets our operational needs while supporting our distribution and sustainability goals. Panattoni has proven to be such an efficient and proactive developer, and a fantastic partner in delivering this project at Panattoni Park Aylesford. This built-to-suit facility is particularly vital for us, incorporating cutting-edge ESG features, including 90,000 sq metres of solar panels and EV charging infrastructure that we have invested in to support our vehicles and staff.” Building, Design & Construction Magazine | The Choice of Industry Professionals
McLaren Construction Midlands and North is proud to announce the successful completion of the UK’s largest cold store facility, developed for Magnavale Ltd, one of the country’s leading temperature controlled warehouse and value added service providers. The fully automated facility stands at 47 metres tall with a capacity for 101,000 pallets and represents a significant milestone in logistics and sustainable storage solutions. Located near Grantham, the purpose-built, rack-clad automated cold store has been designed to support Magnavale’s goal of creating Europe’s most efficient cold storage facility, operating at a standard temperature of -200C. The 474,283 sq. ft. development can function at temperatures as low as -28°C and is powered entirely by renewable energy, reinforcing Magnavale’s commitment to sustainability. The facility features a five-storey office space, extensive external yards, an HGV marshalling area, and a large staff car park. Additionally, cutting-edge refrigeration plant ensures that the storage chamber maintains optimal conditions for frozen food products from leading retailers. The construction of the project presented a range of unique challenges. The facility was delivered while maintaining 24/7 access to the adjacent McCain food production facility, alongside another existing cold storage unit and water treatment processing works, while ensuring minimal disruption to operations and a water treatment facility. Extensive demolition and controlled waste removal was required to clear the site, which was previously home to an iron ore drift mine. The project team also had to divert and relay multiple services and utilities across the site. An external gantry system was used to accommodate certain services instead of traditional underground installations due to space constraints. The construction incorporated a contractor-designed steel fibre slab, eliminating the need for more than 20 steel fixers on-site, while an on-site gas generator was refurbished to provide 1.45MW of power. Due to the size of concrete pours, an on-site concrete batching plant was incorporated into the build, to eliminate issues with delivery delays. The project also required precise coordination to accommodate 90 shipping containers of conveyor systems, and McLaren successfully managed an international workforce, including a specialised team from Bosnia. With the building now operational, Magnavale has achieved a major advancement in the cold storage sector, setting new standards in automation, energy efficiency, and logistics. The facility’s scale and technological sophistication position it as one of the most advanced cold storage hubs in Europe, supporting the growing demand for high-efficiency food storage solutions. Gary Cramp, Managing Director of McLaren Construction Midlands and North, said: “Delivering this project has been a remarkable achievement, showcasing McLaren’s expertise in managing large-scale, complex construction projects. This facility not only advances the UK’s cold storage infrastructure but also exemplifies our focus on sustainable and innovative building practices.” Building, Design & Construction Magazine | The Choice of Industry Professionals
