Commercial : Industrial News
Glencar to deliver Baytree’s latest 220,000 sq. ft speculative industrial development at prime sustainable scheme in Leeds

Glencar to deliver Baytree’s latest 220,000 sq. ft speculative industrial development at prime sustainable scheme in Leeds

Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today confirmed that it has been awarded a contract by Pan-European logistics and industrial developer Baytree Logistics Developments to construct two new prime industrial units of 76,285 and 145,476 sq. ft at a prominent

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City of Doncaster Mayor visits £525 Million Development site

City of Doncaster Mayor visits £525 Million Development site

Wilton Developments welcomed City of Doncaster Mayor, Ros Jones, to Doncaster North to showcase the site, which includes the UK’s largest consented industrial building adjacent to junction 6 of the M18. With Reserved Matters (detailed) planning consent for the first 2.26million sq. ft. of development, including permission for a 1.15million

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Construction work starts on scheme to transform industrial estate

Construction work starts on scheme to transform industrial estate

Construction work has begun to transform a vacant eight-acre brownfield site into over 200,000 sq ft of modern industrial and office units with the capacity to support around 700 jobs. The redevelopment of the Vauxhall Industrial Estate in Stockport will see up to 28 new buildings created across six blocks,

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Caddick to build UK’s largest fertiliser plant

Caddick to build UK’s largest fertiliser plant

Caddick Construction Group has been awarded the contract to build a new manufacturing plant in East Yorkshire on behalf of Yara. Caddick’s appointment to the flagship development will see the Yorkshire-based contractor deliver a £28m contract, including the construction of a state-of-the-art manufacturing plant, warehouses, distribution facilities and offices. The

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Eden Mill appoints leading construction partner for its new distillery

Eden Mill appoints leading construction partner for its new distillery

St Andrews-based whisky and gin distillery, Eden Mill, has announced the appointment of a leading global construction specialist to oversee the extensive refurbishment of its multi-million-pound new distillery and visitor centre. ISG has been selected to lead the renovation of Eden Mill’s new investment, building on over two decades of

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Southwark last-mile logistics hub gets green light

Southwark last-mile logistics hub gets green light

Plans to develop a multi-level last-mile logistics scheme on Mandela Way in Southwark have been given the green light. This is the latest scheme in British Land’s 2.9m sq ft pipeline. The site sits close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road and

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Latest Issue
Issue 325 : Feb 2025

Commercial : Industrial News

Caddick Group completes first phase of major North West Industrial Development

Caddick Group completes first phase of major North West Industrial Development 

BREEAM Excellent Farington Park to bring significant boost to the region Caddick Group has reached practical completion of Farington Park in Leyland, in preparation for handing over the brand new 544,000 sq ft logistics hub to anchor tenant, Victorian Plumbing, a leading northern-based bathroom supplier. This marks not just the opening of a new location, but a significant step for Victorian Plumbing as it becomes their main headquarters. This facility, strategically positioned between J28 and J29 of the M6, represents a pivotial moment for Victorian Plumbing, enhancing their operational capabilities and bolstering the quality of new jobs in the region. This is a result of a funding deal between Caddick Developments, Goldman Sachs Asset Management and Canmoor, planning permission for phase one Farington Park was granted to Caddick by South Ribble Borough Council in April 2022, following extensive consultation with local residents, businesses and stakeholders. Once operational, Farington Park Phase 1 will support 1,100 jobs and take its place as one of the region’s most prominent logistics schemes, serving the growing demand for industrial space across the North West. Tom Park, Development Manager at Caddick Developments, said: “Our Group structure means that we can work seamlessly with our construction division, giving us the ability to react quickly to both investor and occupier demand in unlocking the full potential of challenging sites. This project is the culmination of many years of work from our teams and we’re particularly pleased to have been able to work alongside an excellent investor partner, Goldman Sachs, to deliver this much needed landmark scheme. “The development will address a huge need for high-quality industrial and logistics space within the North West, as well as echoing our commitment for creating spaces which benefit both people and planet.” Construction of the new development, overseen by Caddick Construction, has included a number of features to enhance and increase access to nature. Achieving 20% Biodiversity Net Gain, Farington Park has seen the team de-culvert a nearby river to open up new habitats for local wildlife, alongside committing to extensive landscaping and investing £500,000 to complete a section of the Leyland Loop cycleway. Paul Dodsworth, Caddick Construction Group Managing Director, commented: “Throughout construction, we have worked closely with our Group partners at Caddick Developments to ensure Farington Park serves as a thriving commercial hub for Victorian Plumbing while being sensitive to the local area through a host of biodiversity and sustainability measures. We’re looking forward to continuing this collaboration as we begin the fitout of the unit.” Throughout construction, the team has also delivered a comprehensive social value strategy, including a host of local opportunities for training and employment. This has included Lancashire student, Isabelle Roberts, who undertook a programme of work experience alongside her A-Levels and has since started a Quantity Surveying apprenticeship with Caddick Construction. Efforts to positively impact the local community also saw the project support four apprentices, two work experience placements and a 77% local workforce, as well as undertaking mentoring and interactive career sessions with Bridgeway School. The team also raised £8,000 for Leyland and Preston-based charities, including work with Chorley-based Inspire Youth Zone, which offers 5,000 local young people a place to connect and learn new skills during the school holidays. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Glencar to deliver Baytree’s latest 220,000 sq. ft speculative industrial development at prime sustainable scheme in Leeds

Glencar to deliver Baytree’s latest 220,000 sq. ft speculative industrial development at prime sustainable scheme in Leeds

Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today confirmed that it has been awarded a contract by Pan-European logistics and industrial developer Baytree Logistics Developments to construct two new prime industrial units of 76,285 and 145,476 sq. ft at a prominent industrial development site in Leeds. The development to be known as Baytree Leeds is located within the Stourton Industrial area, approximately 3 miles southeast of Leeds city centre and is being constructed speculatively. It will feature a best-in-class specification, built to BREEAM ‘Outstanding, EPC A and WELL ready standards. Construction is expected to begin on 6th November 2023 and take 37 weeks to develop with the buildings expected to be ready for occupation by July 2024. Commenting on the repeat instruction, Glencar CEO Eddie McGillycuddy said: “Baytree are at the absolute vanguard of cutting edge sustainable development creating technology enabled buildings designed with flexibility for future change and with the health and well-being of building users firmly in mind. As such Glencar are delighted to be working in partnership again to bring forward this impressive scheme. This will serve as the third instruction we have received to date following impressive schemes in Milton Keynes and more recently in Nuneaton for Rhenus in what is one of the most sustainably advanced buildings of its type anywhere in the world. Through this our project teams are developing advanced skills and knowledge in sustainable development across a range of technology enabled features, materials and clean air, water, soil and energy. We are very much looking forward to getting on site and delivering an outstanding product that we have become known for. Also commenting Casey Ferguson – Baytree’s Development Manager for the Baytree Leeds development said: “We are looking forward to starting on site at Baytree Leeds and bringing forward the first phase of this market leading scheme. The first phase will consist of two units totalling 222,000 sq. ft, providing premium warehousing in an unrivalled location in West Yorkshire, capable of accommodating both national logistics and urban warehousing requirements. There is currently a significant lack of supply for good quality buildings in the Leeds and West Yorkshire market, and we are hoping to capitalise on this supply imbalance by providing best in class buildings in a market that still shows strong demand. On the back of winning the ESG Initiative of the Year at the 2023 IAS Awards for Baytree Nuneaton, we are continuing to focus on ways we can improve our ESG initiatives going forward, and we will work closely with Glencar to push the environmental and wellbeing aspects at Baytree Leeds. To demonstrate this, Baytree Leeds will be the first BREEAM Outstanding speculative industrial development in the North of England. We look forward to working with Glencar again following the success at both Nuneaton and Milton Keynes, as well as with our joint agents DTRE and JLL.” The scheme has a strategic significance due to its proximity to Junction 7 of the M621 motorway, located immediately to the north-west which links in to the M62 for destinations north and west, and to the M1 motorway heading south. The A639 trunk road provides a link through to Junction 44 of the M1 motorway approximately half a mile to the east. The M1 motorway (north) provides links through to North Yorkshire and the North East of England. Major occupiers close by include Royal Rail, Sheffield Insulation Group, Tuffnells Express Parcels, ARLA Foods, CEMEX, Kloeckner Metals, Steaper Group and First Direct. The Leeds Rail Freight Terminal lies immediately to the north of the site and a purpose-built Royal Mail depot is immediately to the east. For further information visit: https://baytree-leeds.com/ Building, Design & Construction Magazine | The Choice of Industry Professionals 

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City of Doncaster Mayor visits £525 Million Development site

City of Doncaster Mayor visits £525 Million Development site

Wilton Developments welcomed City of Doncaster Mayor, Ros Jones, to Doncaster North to showcase the site, which includes the UK’s largest consented industrial building adjacent to junction 6 of the M18. With Reserved Matters (detailed) planning consent for the first 2.26million sq. ft. of development, including permission for a 1.15million sq. ft. unit, it places Doncaster at the forefront of a unique opportunity. Joined by Doncaster’s Director for Place, Dan Swaine, and keen to hear about the 5,500 jobs which could be created across the 180 acre business park, Mayor, Ros Jones, said: “This is one of the most significant employment developments in the north of England. When finished it will total some 3.5million sq. ft., Doncaster North provides the opportunity to maintain the city at the forefront of logistics and manufacturing opportunities. It will respond to the pressing need for strategic employment space in the Yorkshire region, providing some of the most advanced, next generation, industrial and logistics space, with integral headquarter offices anywhere in the North – at a scale and connectivity not readily found elsewhere”. Yorkshire-based developer, Wilton Developments, is the company behind Doncaster North. Active across the north of England, Wilton delivered the first buildings in the Leeds Enterprise Zone, the Latitude logistics development on the M62 in Castleford, Enterprise 36 in Barnsley and is in the final phases of Turbine Business Park, Sunderland. The company is also bringing forwards Leeds 500, which is the largest single unit distribution scheme in the city, with reserved matters consent providing approximately 500,000 sq. ft. of BREEAM Excellent logistics and industrial space alongside the M1 at Junction 47. Jason Stowe, Managing Director of Wilton Developments, said: “It was a privilege to welcome Doncaster’s Mayor to Doncaster North. As the most significant new employment development in the city, it is set to bring around half a billion pounds worth of private sector investment, helping Doncaster, and the wider region, to capitalise on the associated economic benefits. In Milli+ at 1.15million sq ft we have the largest available single unit consent in the UK which provides a credible and affordable alternative to golden triangle locations”. “DoncasterNorth will create thousands of jobs through construction and after including those in supply chain, distribution and logistics, technology, managerial and associated roles such as HR, health and safety, finance, IT, marketing and support services.  “We are busy discharging the planning conditions so that we are able to deliver buildings on- site within a 12 month period, with units available to let or for sale on completion and we look forward to sharing more news over the coming months.” Building, Design & Construction Magazine | The Choice of Industry Professionals 

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UK’s Largest Specialist Fertiliser Plant Marks Start Of Work On Phase II Of Ozone Business Park

UK’s Largest Specialist Fertiliser Plant Marks Start Of Work On Phase II Of Ozone Business Park

LEADING commercial developer the Horncastle Group PLC and global crop inputs manufacturer Yara International have agreed a deal to build the UK’s largest speciality fertiliser manufacturing plant in Yorkshire, with Caddick Construction appointed as the main contractor on the scheme. The deal – which represents a total investment of more than £50m – marks the start of work on Phase II of Ozone Business Park; a premier logistics and distribution hub in Howden, East Yorkshire, developed by the Horncastle Group. The building work, to be delivered by Caddick Construction as part of a £28m contract, includes state-of-the-art manufacturing plant, warehouses, and offices that will enable Yara to double production of its YaraVita speciality crop nutrition products and biostimulants, which are vital to achieving future food security and mitigating climate change. Virtually all the output from the plant will be exported to markets around the world, helping to meet a rising global demand for the products that help growers improve crop health and increase yields. Tom Horncastle, Managing Director of the Horncastle Group PLC, said securing Yara International as the first occupant of Phase II of Ozone Business Park was a fantastic result for all parties. Phase One of the development, which is located less than a mile from Junction 37 of the M62, is home to global logistics businesses DPD and DHL, as well as leading family baker Warburtons. Mr Horncastle said: “Ozone Business Park is one of the best located logistics hubs in the north east of England. “Situated a stone’s throw from the M62 and with excellent links to the M18 and M1, it provides quick and easy access to the south, west, and north of the country. This is why the first phase of the development has been so popular with third party logistics providers. “Yara’s decision to locate its new manufacturing plant here demonstrates the design flexibility Ozone Business Park can provide, including the high operational power requirements needed by Yara for their production lines. “With the first plot now secured, we are expecting a lot of interest in the two remaining plots on Phase II of Ozone Business Park.” The development has a total footprint of 295,669sqft and will include state-of-the-art production, distribution and office facilities. It will stand 12.6m to the eaves and has been designed in sympathy with the adjacent buildings on Phase I of the park. The boundaries of the site will be planted with native trees and shrubs to enhance biodiversity, contributing to a BREEAM rating of Very Good. Work on the main building is due to complete in summer 2024. This will be followed by an extensive plant and machinery fit-out period, with the production facility due to become operational by the end of 2025. As part of the deal, the Horncastle Group procured planning and design for Yara, and is now acting as Development Manager on the project. “This is a hugely exciting scheme to be involved in,” Mr Horncastle said. “We will be working closely with our client and our construction partner Caddick Construction to deliver a truly exceptional scheme.” David Tomkinson, Operations Director of Yara UK and son of John Tomkinson, the founder of Phosyn, said: “What began in Yorkshire in 1967 as Phosyn, is set to stay in Yorkshire for the next exciting leg of the Yara journey. “Yara was put in contact with Horncastle who had already completed a development of Ozone 1 Business Park at Howden and were in the process of planning Ozone 2. “This opportunity presented enough land for Yara to realise it’s new Global YaraVita Plant, in addition it offered improved access to logistical networks. Horncastle assisted Yara in the design and civils of the new plant and will continue to support the development during its construction.” Paul Dodsworth, Caddick Construction Group Managing Director, said: “Yara’s new manufacturing plant is not only important for the partners involved, ourselves included, but it is also vital to the region’s manufacturing industry and we’re very proud to be leading the delivery of a development that will boost the region’s industry, job market and economy. “Understanding our client’s ambitions, their investments in research and development, and their production processes all underpin our appointment to the project, and we look forward to applying our manufacturing expertise to this truly exciting project on behalf of Yara International.” Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Construction work starts on scheme to transform industrial estate

Construction work starts on scheme to transform industrial estate

Construction work has begun to transform a vacant eight-acre brownfield site into over 200,000 sq ft of modern industrial and office units with the capacity to support around 700 jobs. The redevelopment of the Vauxhall Industrial Estate in Stockport will see up to 28 new buildings created across six blocks, with parking for over 170 vehicles, 56 electric vehicle charging points and cycle storage areas. The new complex will have photovoltaic rooftop solar panels to generate electricity for occupiers. The units will have an A-rated energy performance certificate. Once completed, the site on Greg Road, Reddish, will provide 206,000 sq ft of new space, with units typically ranging in size from 4,000 sq ft to 13,500 sq ft. Tenants will be able to take multiple units and combine them. RECOM Solutions is managing the project for real estate developer and investor Western UK Property Group (WUKPG). Luke Roscoe and Maia Webster are managing the project for RECOM Solutions. Salford Quays-based RECOM has spearheaded the scheme from its inception through feasibility, design and planning stages to the demolition of vacant industrial buildings, site remediation and extensive groundworks. Foundation works have been completed and the installation of steel frames and cladding is now under way for each block. WUKPG has appointed DTRE and Sixteen Real Estate to market the units, which are scheduled to be available for leasing from the second quarter of 2024. RECOM director Jason McKnight said: “We’re thrilled with the progress being made on this prestigious project to transform the Vauxhall Industrial Estate, which is soon to be renamed Vauxhall Trading Estate. “We have been involved in the scheme from its conception and are excited to be supporting it through to completion. It’s also great to be working with WUKPG for the first time, which adds yet another respected developer to our client portfolio.” WUKPG director Oliver Lipson said: “While we’ve seen a significant number of new-build institutional big box sheds for the logistics sector, delivered across the UK, there’s a growing demand for smaller, efficient, modern industrial units for SMEs, including fulfilment, e-commerce and last-mile business to multinational trade counter retailers. “This scheme should prove to be a strong income-producing asset with a gross development value of £40m, to be held for long-term investment in our property portfolio. “Vauxhall Trading Estate is positioned in a strong location for Stockport, a major town with continued public and private investment across infrastructure and all real estate asset classes.” Other professionals involved in the project include architects C4 Projects, structural engineers Roscoe and mechanical and engineering consultants King Associates. RECOM, which was founded in 2015 by Jason McKnight and Joseph Dillon, undertakes construction project management and main contracting work across sectors including healthcare, education, retail and leisure, commercial and residential. It also provides consultancy services to assist in the design and delivery of health and safety, sustainability, passive fire protection and cladding projects. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Caddick to build UK’s largest fertiliser plant

Caddick to build UK’s largest fertiliser plant

Caddick Construction Group has been awarded the contract to build a new manufacturing plant in East Yorkshire on behalf of Yara. Caddick’s appointment to the flagship development will see the Yorkshire-based contractor deliver a £28m contract, including the construction of a state-of-the-art manufacturing plant, warehouses, distribution facilities and offices. The new 295,669 sq ft development will enable Yara to double production of its YaraVita speciality crop nutrition products and biostimulants, which are vital for future food security and mitigating climate change. Caddick’s construction of the new plant is expected to reach completion next summer followed by a period of fit-out works with the new facility expected to be operational by the end of 2025. Throughout construction, Caddick Construction will work closely with Yara International and project partners, Horncastle Group, to ensure the development complements the surrounding logistics hub at Ozone Business Park. This includes landscaping to the boundaries of the site with native trees and shrubs planted to enhance biodiversity, contributing to the development’s target BREEAM Very Good rating. Paul Dodsworth, Caddick Construction Group Managing Director, commented: “Yara’s new manufacturing plant is not only important for the partners involved, ourselves included, but it is also vital to the region’s manufacturing industry and we’re very proud to be leading the delivery of a development that will boost the region’s industry, job market and economy. “Understanding our client’s ambitions, their investments in research and development, and their production processes all underpin our appointment to the project, and we look forward to applying our manufacturing expertise to this truly exciting project on behalf of Yara International.” David Tomkinson, Operations Director of Yara UK and son of John Tomkinson, the founder of Phosyn, said: “What began in Yorkshire in 1967 as Phosyn, is set to stay in Yorkshire for the next exciting leg of the Yara journey.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Prologis Park Coventry fully leased with IFCO securing 328,305 sq. ft. DC10

Prologis Park Coventry fully leased with IFCO securing 328,305 sq. ft. DC10

Prologis UK, a leading logistics property owner developer and investor, recently agreed a lease at Prologis Park Coventry on unit DC10. IFCO, the leading global provider of reusable packaging solutions for fresh foods, will take occupation for a term of 15 years following the completion of an on-going refurbishment. At 328,305 sq. ft., DC10 is in the process of being comprehensively refurbished and once completed at the end of this year, will achieve a substantially improved EPC ‘A’ rating. Capitalising on the unit’s high sustainability credentials, low site coverage, high power supply, access to skilled labour and key transport infrastructure, IFCO has agreed to the contract, prior to completion of the refurbishment. Originally built in 2002, Prologis UK’s refurbishment of DC10 is being carried out by Glencar, and includes the unit being fitted with new LED lighting, EV parking spaces and a fully electric VRF HVAC system for the offices. The unit also benefits from solar PV capability and potential expansion space, providing IFCO with flexibility to meet their business needs now and in the future. IFCO will be moving its operations from Nuneaton to DC10 to support existing and new contracts for its grocery supply chain operations. Prologis Park Coventry is ideally located, close to the M6 and M1 motorway, with a strong local labour pool.  Jason Pickering, Director, Capital Deployment & Leasing at Prologis UK, said: “We welcome IFCO as our newest customer at Prologis Park Coventry. Their joining marks the full leasing of the Park, and agreeing a pre-let demonstrates just how high the demand is for prime logistics space in the Midlands golden triangle. “The refurbishment on DC10 is testament to our ongoing commitment to delivering the best in the business. Maintaining our high sustainability standards is key, and it is always rewarding to partner with a company that holds equal value and commitment to sustainability. We can’t wait to welcome IFCO in the new year.” Darren Smail, Head of Service Centre Operations UK at IFCO, said: “At IFCO, sustainability and customer satisfaction are key drivers for our decisions. We know the area around the M6 corridor well and moving to Prologis Park Coventry allows us to better serve our customers and operate our network in a more efficient and sustainable manner. Working with Prologis UK on the refurbishment of DC10 has shown just how much the business cares about providing quality buildings, with sustainability embedded from the outset. We’re looking forward to moving in and making use of everything the Park has to offer.” IFCO were represented by Savills. 

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Eden Mill appoints leading construction partner for its new distillery

Eden Mill appoints leading construction partner for its new distillery

St Andrews-based whisky and gin distillery, Eden Mill, has announced the appointment of a leading global construction specialist to oversee the extensive refurbishment of its multi-million-pound new distillery and visitor centre. ISG has been selected to lead the renovation of Eden Mill’s new investment, building on over two decades of experience delivering drinks manufacturing facilities across the country, including both the Scottish mainland and islands. ISG’s expertise delivering experiential visitor centre projects encompasses many projects requiring specialist fit out requirements, working alongside creative content writers tasked with developing rich audio-visual displays and exhibitions for visitors. The building – which is located on the banks of the Eden Estuary at the University of St Andrew’s Eden Campus in Guardbridge – has entered a renovation period of up to a year, following the completion of initial works on the building and an exterior renovation at the start of 2023. ISG’s remit sees the transformation of the building interior and a comprehensive fit out scheme of both the production areas and the visitor centre. The stunning new gin and whisky visitor experience will guide people through the spirit-making process and demonstrate how Eden Mill crafts its award-winning products. The project also includes the creation of a well-appointed retail space, café and premium bar overlooking the beautiful Eden Estuary. Eden Mill Distillery is progressing its ambition to achieve net zero status by partnering with ISG to undertake a renovation that is as sustainable as practicable – from the selection of bio-based materials and the re-use of components wherever possible, to using HVO (Hydrotreated Vegetable Oil) fuel as a substitute for diesel. ISG’s on-site infrastructure will maximise energy efficiencies and reduce carbon emissions through smart metering and ethical procurement practices. The construction specialist’s use of the advanced ERICA monitoring system – a real-time power management system, provides data on actual energy usage and will enable ISG to deliver a minimum 30% reduction in demand over the lifespan of the project. Rennie Donaldson, chief executive officer at Eden Mill, said: “We’re really looking forward to seeing the next stage of this project commence and to have ISG on board to manage this as our construction partner is an exciting new collaboration for us. “It was key for us to bring on board a company that not only has exemplary credentials and is one of the best in their industry, but also shares Eden Mill’s values and ethos, and we believe ISG are a perfect fit to create what will be an iconic distillery in Scotland.” In a collaborative engagement, ISG will be working with Eden Mill directly to mobilise a localised supply chain throughout the project. ISG has also created three new job roles to complete the Eden Mill distillery renovation and is encouraging its subcontractors to employ apprentices as part of this project, with the view to also upskill people in the local community. Paul Beaton, regional director at ISG, said: “This is the start of an exciting and rewarding partnership and we are really looking forward to continuing with the renovation for Eden Mill and play our role in creating a world-class distillery and visitor centre. “We measure the success of our projects around the extra value that we create for our customers, teams and local communities, and work hard to maximise opportunities and outcomes that deliver genuine legacy. This purpose driven approach is instantly recognisable in Eden Mill’s values and vision for the distillery so we have core alignment in our ambitions to really drive transformational change with this project.”   Following the refurbishment, the new Eden Mill Distillery is set to open in 2024 and will continue to produce its contemporary Scottish gins and restart distillation of its premium Single Malt Scotch Whiskies. Its unique selection of single malts includes the Art of St Andrews Collection and the recently released Cask Mastery Collection, and its extensive gin portfolio features its core range comprised of Golf Gin, Love Gin and Original Gin – the distinctive flavours of which are all inspired by the Fife coastline and St Andrews itself – alongside its Red and White Wine Cask Aged Gins. Established in 2012, Eden Mill was the first to make spirits in the region for over 150 years, resurrecting the distillation process on the banks of the Eden Estuary. The full range of premium gins and whiskies are available to purchase at: www.edenmill.com Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Lismore brings a rare and prime multi-let Edinburgh trade park to the market at offers over £12.8 million

Lismore brings a rare and prime multi-let Edinburgh trade park to the market at offers over £12.8 million

South Gyle Trade Park offers investors asset management opportunities and an attractive income profile South Gyle Trade Park has been brought to the market by Lismore Real Estate Advisors for offers in excess of £12.8m, on behalf of abrdn. The quoting price reflects an attractive initial yield of 7.5%. This rare and prime multi-let trade park investment is located within Edinburgh’s premier industrial location and offers an attractive income profile, as well as strong asset management opportunities to increase both income and capital value. Set on a site of 12.31 acres, the estate is split into four distinct components, with an overall floor area of 139,650 sq ft. This is set across eighteen terraced and solus trade counter units, three light industrial units and a single office building of 4,172 sq ft. The park also fulfils a “last-mile” function, given its critical location and excellent connectivity, being adjacent to key motorway infrastructure and Edinburgh’s arterial road network. Colin Finlayson, Director of Lismore Real Estate Advisors said: “This is a rare opportunity for investors to acquire a prime trade park asset, ideally placed in within the Edinburgh’s premier trade and light industrial location.” “South Gyle Trade Park offers a secure and well-diversified income profile, as well as significant opportunities to grow income through active asset management. “This asset has great potential and we anticipate strong interest from a wide range of investors.” The park offers an excellent and diverse mix of tenants, with good covenants, including Network Rail, Thistle Timber & Building Supplies, Wolseley, D&G Autocare, Geo Amey, Martin Plant Hire, Dofos and CityFibre. The contracted WAULT is 8.1 years to expiry and 7 years to the nearest breaks. South Gyle and its surrounding area comprise a mix of uses, including trade, light industrial, distribution, business, retail, leisure and residential. Nearby occupiers include G4S, UPS, Royal Mail, Wolseley, Screwfix, Halfords, Speedy Services, Virgin Media, RBS, Lloyds Banking Group, Tesco Bank and Aegon Asset Management. South Gyle Trade Park is situated both north and south of South Gyle Crescent, the principal arterial route through South Gyle Industrial Estate. Lismore Real Estate Advisors is the sole selling agent for South Gyle Trade Park. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Southwark last-mile logistics hub gets green light

Southwark last-mile logistics hub gets green light

Plans to develop a multi-level last-mile logistics scheme on Mandela Way in Southwark have been given the green light. This is the latest scheme in British Land’s 2.9m sq ft pipeline. The site sits close to the junction of New Kent Road, Old Kent Road and Tower Bridge Road and will deliver a last mile logistics hub for Southwark and central London. The former Southwark Council car pound will be redeveloped to feature four floors of flexible, high-quality, sustainable logistics space with exceptional access to local consumers and central London making it suitable for a range of prospective occupiers. The asset’s ground floor logistics space provides access for a variety of distribution vehicles including HGVs and cargo bikes, while upper floors will be served by lifts. In line with British Land’s ‘Greener Spaces’ pillar of its 2030 sustainability strategy, the scheme will target a BREEAM Excellent rating and implement low-carbon materials, and a circular economy strategy to lower embodied and operational carbon emissions. British Land’s pipeline of urban logistics projects in Greater London has a gross development value of £1.3 billion. It includes, alongside Mandela Way, an additional project adjacent to the Old Kent Road on Verney Road, the Finsbury Square Car Park and The Box at Paddington Central, which received planning consent earlier this year. Additionally, British Land received approval in July to deliver 455,000 sq ft of multi-level logistics space at Heritage House, Enfield, located near Junction 25 of the M25. Mike Best, Head of Logistics at British Land, said: “Mandela Way is the latest scheme in our London urban logistics pipeline to receive planning consent following approvals at both Paddington Central and Enfield earlier this year, enabling us to bring forward another high quality logistics project and continue to address the acute undersupply of sustainable, modern warehousing in Greater London.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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