Independent property company, Hortons, has secured planning consent for the redevelopment of a vacant warehouse unit in the UK’s logistics ‘golden triangle’. The project will deliver more than 200,000 sq ft of premium warehouse/logistics accommodation at Saxon Park off Saxon Way West, in Corby. Hortons will extensively redevelop a single
Kerakoll Group has taken a major step in its UK and Northern European expansion by acquiring a 40,000-square-metre plot of land in Preston, Lancashire, at the APTUS development. The international leader in sustainable building materials plans to construct a 145,000 sq ft production and distribution facility on the site, with
SEGRO has completed its largest solar panel installation in London at SEGRO Logistics Centre Faggs Road, which is located a few minutes from Heathrow Airport The project is in partnership with its customer, GEODIS, a leading worldwide provider of customised transportation, warehousing, global logistics and supply chain solutions. SEGRO has
SEGRO plc has completed the sale of SEGRO Park Victoria Road, a 10-acre urban warehouse estate in Park Royal, West London, to Imperial College London for £115 million, marking a strategic milestone for both parties. This sale, made at a premium to the asset’s book value, highlights SEGRO’s successful management
Clowes Developments and its partners are pleased to announce that practical completion has now been achieved on Phase Two of Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire. The development has been delivered by Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley Legal
Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last-mile real estate specialist, has made two strategic acquisitions in London, expanding its logistics portfolio. Acting on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, development, and management company, Valor has secured two prime last-mile logistics
Paloma Capital has begun a major refurbishment of a key section of its well-established business and logistics park on the outskirts of York. The site, now rebranded as York North (previously Green Park Business Centre), is undergoing a £1.25 million upgrade. The project includes a full renovation of a 12,508
Triton Construction has announced significant progress on its £10 million contract to deliver 85,000 sq ft of industrial space at the Evolve development in Melton West, East Yorkshire, for Wykeland Group. The project, part of the Melton West business park, includes the design and construction of seven industrial units, alongside
Panattoni, the largest logistics real estate developer in the UK and Europe, has signed a pre-lease agreement with DPD, the parcel delivery company, for a 58,000 sq ft facility at its net zero carbon Panattoni Park Sittingbourne development in Kent. Subject to planning approval, Panattoni expects to start construction of
At the end of the summer, one of the leading freight forwarding companies in the airport sector opened a new 5,000-sqm site in the ever-expanding Maglód logistics park, which currently boasts almost 100,000 sqm of warehouse space. The long-term lease agreement between HGL Group Hungary and HelloParks will allow the
Independent property company, Hortons, has secured planning consent for the redevelopment of a vacant warehouse unit in the UK’s logistics ‘golden triangle’. The project will deliver more than 200,000 sq ft of premium warehouse/logistics accommodation at Saxon Park off Saxon Way West, in Corby. Hortons will extensively redevelop a single existing building to create two new units, known as Saxon 79 and Saxon 129, which will comprise 78,500 sq ft and 129,300 sq ft respectively. The new units will be refurbished to a high quality specification, and will include secure yard space, integral first floor offices and a power supply of up to 1 MVA, with the ability to increase capacity. Environmental sustainability lies at the heart of the refurbishment, with features such as LED lighting, PV roof panelling and EV charging stations. Both units will target an EPC A+ rating. Hortons acquired Saxon Park in 2023 and has since completed the comprehensive upgrade of Saxon 58, a 58,350 sq ft warehouse/logistics unit, which was pre-let to Russell & Bromley. Saxon 79 and Saxon 129 are expected to be available for occupation from Q3 2025. James Slater of Hortons said: “We are investing in a full scale redevelopment programme to create two new high specification warehouse/logistics units, offering enhanced power and sustainability. The project is one of a series of developments we are undertaking at Saxon Park. It will provide occupiers with grade A accommodation in an established and sought after industrial location.” Saxon Park lies on Oakley Hay Industrial Estate, four miles southwest of Corby town centre and five miles north of Kettering. It benefits from excellent road accessibility via the A6003 and A14, providing links to the M1/M6 and A1/M11. For more information please contact DTRE and TDB Real Estate. Building, Design & Construction Magazine | The Choice of Industry Professionals
Kerakoll Group has taken a major step in its UK and Northern European expansion by acquiring a 40,000-square-metre plot of land in Preston, Lancashire, at the APTUS development. The international leader in sustainable building materials plans to construct a 145,000 sq ft production and distribution facility on the site, with construction set to begin in late 2024. The new facility is expected to be fully operational by spring 2026. This expansion will see Kerakoll double its UK production capacity by 2028, meeting the increasing demand for eco-friendly building solutions in the region. The new facility will not only support the company’s growth in sustainable materials but also lead to a 30% increase in its UK workforce. This will be Kerakoll’s second UK site, complementing its existing production facility in Leyland, and marks the company’s twentieth site globally. Sustainability is central to Kerakoll’s mission, and the Preston facility will showcase the latest in green technologies. These include photovoltaic panels generating 245 kWh per day, and a state-of-the-art rainwater recycling system. The company is also targeting a “Very Good” or higher BREEAM rating, ensuring the facility meets top environmental performance standards. To further strengthen its leadership, Carl Gardner has been appointed General Manager UK and Director for the UK, Nordics, and the Netherlands. With Kerakoll’s UK turnover reaching £40 million in 2023, this new development underlines the company’s commitment to its international growth and continued investment in sustainable building materials. The new Preston facility will play a pivotal role in Kerakoll’s strategic vision for the future, reinforcing its position as a global leader in eco-friendly construction solutions. Building, Design & Construction Magazine | The Choice of Industry Professionals
SEGRO has completed its largest solar panel installation in London at SEGRO Logistics Centre Faggs Road, which is located a few minutes from Heathrow Airport The project is in partnership with its customer, GEODIS, a leading worldwide provider of customised transportation, warehousing, global logistics and supply chain solutions. SEGRO has been working closely with GEODIS, which occupies a 96,562 sq ft unit in Hounslow, to install 1,750 PV panels on its roof, with installed capacity 700 kWp. The energy produced by this solar array is equivalent to powering 75 homes and saves as much carbon annually as planting 5,445 trees. The project aligns with the Responsible SEGRO commitment to Champion low-carbon growth and requirements of the Heathrow supply chain, where businesses are expected to demonstrate low-carbon building practices to support the airport’s sustainability goals. As part of the initiative, SEGRO was able to secure a Power Purchase Agreement that enables the customer to benefit from cheaper electricity. Chris Packwood, Managing Director at GEODIS, said: “We are delighted with the evolution of our facility, to now harness the power of the sun. This further strengthens the GEODIS commitment to sustainability, by having confidence in the origin of our power supply and the associated REGO certificates.” Gareth Baker, Director, Western Corridor at SEGRO, said: “It is fantastic to deliver this exciting project, providing both environmental and cost benefits to GEODIS. This project is a prime example of how we can collaborate with our customers to drive sustainable growth. Not only does it significantly reduce carbon emissions by generating renewable energy on-site, but it also helps GEODIS to reduce its operational costs in the long run.” The installation is linked to GEODIS’ recent lease renewal and as part of the agreement, SEGRO installed six electric vehicle charging stations, furthering the sustainability credentials of the development. SEGRO Logistics Centre Faggs Road is located within minutes of Heathrow Airport. As well as being in a prime position with easy access to the A30, the development is well connected with the M25 within 6 miles to the west, giving swift access to the UK’s motorway network. Responsible SEGRO framework A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent. Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company. Building, Design & Construction Magazine | The Choice of Industry Professionals
SEGRO plc has completed the sale of SEGRO Park Victoria Road, a 10-acre urban warehouse estate in Park Royal, West London, to Imperial College London for £115 million, marking a strategic milestone for both parties. This sale, made at a premium to the asset’s book value, highlights SEGRO’s successful management and long-term strategy for the site. Since acquiring the estate in 2009 as part of its purchase of Brixton plc, SEGRO has focused on active management, achieving significant rent growth. However, the site’s age and layout have led to a strategy shift towards securing vacant possession for redevelopment. Currently, the estate is 64% occupied and generates a rental income of £3.2 million annually. The sale marks an exciting new chapter for the site, as Imperial College plans to transform it into a hub for commercial science innovation, supporting early-stage companies whose interests align with the university’s academic mission. This initiative will be part of the ‘WestTech Corridor’, an ambitious development aimed at establishing West London as a globally competitive innovation ecosystem. The site also forms part of wider regeneration plans for the area, developed in collaboration with the Old Oak and Park Royal Development Corporation (OPDC) and Ealing Council. Bonnie Minshull, SEGRO’s Head of London, said: “SEGRO Park Victoria Road has delivered strong results for us over the past decade. This sale enables us to reinvest in our broader London portfolio while supporting the creation of cutting-edge innovation facilities by a world-class institution.” Hugh Brady, President of Imperial College London, added: “Our vision for the WestTech Corridor represents a significant step towards building a deep tech innovation ecosystem in West London. It will drive investment, inclusive growth, and job creation at local and national levels, aligning with the Government’s emerging Industrial Strategy.” The sale represents a win for both SEGRO and Imperial, with SEGRO focusing on reinvestment in its core industrial and logistics spaces, while Imperial College furthers its mission to foster innovation and economic development in London. Advising on the deal were Montagu Evans and Gowling WLG (UK) LLP for SEGRO, with Savills (UK) Ltd and CMS Cameron McKenna Nabarro Olswang LLP acting on behalf of Imperial College London. Building, Design & Construction Magazine | The Choice of Industry Professionals
Clowes Developments and its partners are pleased to announce that practical completion has now been achieved on Phase Two of Beauchamp Business Park, a new commercial development in Kibworth, Leicestershire. The development has been delivered by Clowes Developments and its team including IMA Architects, TanRo, Millward Consulting Engineers, Gateley Legal and Postins Project Services. Phillips Sutton and TDB Real Estate have been the agents marketing the scheme. Beauchamp Business Park is situated on a 15-acre site located on the outskirts of Kibworth between Leicester and Market Harborough on the A6. The site features a series of freehold and leasehold industrial units ranging from 1,270 sq ft to 16,272 sq ft. Phase One, which completed back in July, saw a huge number of interested parties, with over 80% sold before completion. This therefore boosted Clowes’ decision to begin Phase Two. Kevin Webster, Associate Director at Clowes Developments comments: “We are delighted to have achieved Practical Completion on Phase Two at Beauchamp Business Park. Phase One has proven to be a great success with occupiers and investors and with deals already agreed for several of the units in Phase Two we are certain that popularity will continue. I now look forward to seeing it fully operational and a thriving business park over the coming months.” Clowes Developments retained agents TDB Real Estate and Phillips Sutton for Phase Two of the scheme. Sam Sutton, Director at Phillips Sutton comments: “We are thrilled with the success of Phase One at Beauchamp Business Park, with 100% take up. As we move into Phase Two, we are excited to see continued interest, with several units already under offer. This growth not only highlights the strategic importance of our location, but the demand for good quality freehold units in Leicestershire.” Jack Brown, Associate Director at TDB Real Estate adds: “It is fantastic news that we have now reached Practical Completion of Phase Two of Beauchamp Business Park. With Phase One being so popular with both local businesses and investors we anticipate Phase Two will continue this trend. The Units all look fantastic, and present really well in a market which has a shortage of good quality stock” Phase Two has seen the creation of two additional terraces and a semi-detached unit to be used for B1 and B2 use class, ranging in sizes from 2,271 sq ft to 16,272 sq ft. Clowes Developments is one of the UK’s largest and strongest privately-owned property investment and development organisations. Headquartered in Ednaston, Derbyshire, the company are experts in land acquisition and promotion, property development and asset management. Whilst available space at Beauchamp Business Park is limited there does remain some opportunity. Interested parties are invited to contact the site agents, Sam Sutton, Phillips Sutton on 07794 081 052 and Jack Brown, TDBRE on 07969 291 660. Building, Design & Construction Magazine | The Choice of Industry Professionals
Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last-mile real estate specialist, has made two strategic acquisitions in London, expanding its logistics portfolio. Acting on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, development, and management company, Valor has secured two prime last-mile logistics sites in Barking and Enfield, with a combined gross development value (GDV) of £60 million. Both properties were acquired off-market. In Enfield, North London, the joint venture has acquired Trafalgar Trading Estate, the leading multi-let industrial park in the area. The 79,435 square-foot estate comprises 11 units spread across three terraced buildings and boasts high-quality specifications. Currently, 92% of the property is let to a variety of trade counter and last-mile logistics businesses, with an average lease term of two years. Situated close to the M1 motorway and A10 trunk road, the site offers access to around 6.4 million people within a 60-minute drive. Meanwhile, in Barking, East London, the partnership has secured a 3.49-acre vacant site. The intention is to develop a state-of-the-art, build-to-suit last-mile distribution hub. Future tenants will benefit from excellent transport links, including the nearby A13 and North Circular, as well as Barking’s position as a major industrial hub. Ongoing residential-led regeneration projects in Barking, such as Barking Riverside, are expected to further reduce industrial supply in the area, making the site even more strategically valuable. Jeremy Achkar, Senior Vice President at Valor, said: “The off-market acquisition of the Trafalgar Trading Estate marks our first purchase in Enfield, one of London’s key industrial submarkets. We look forward to expanding our presence in the area over the coming years.” Timour Wielemans, Vice President at Valor, added: “We’re excited to have secured this prime 3.5-acre site in Barking, which expands our London development pipeline to over 700,000 sq ft. Our goal is to deliver our first build-to-suit scheme here, and with the support of our newly established in-house development team, we are well-equipped to manage increasingly complex projects and provide tailored solutions that meet occupier needs.” Thomas Blangy, Senior Vice President at QuadReal Property Group, commented: “These acquisitions align perfectly with our strategy of focusing on high-growth urban logistics markets, where limited supply and strong demand create opportunities for long-term value generation. London’s last-mile logistics sector remains robust, and our partnership with Valor positions us to deliver strategically located assets that meet the needs of occupiers in these important submarkets, ensuring sustainable returns.” The joint venture received advisory support from Altus and SBY for the Barking acquisition. Building, Design & Construction Magazine | The Choice of Industry Professionals
Paloma Capital has begun a major refurbishment of a key section of its well-established business and logistics park on the outskirts of York. The site, now rebranded as York North (previously Green Park Business Centre), is undergoing a £1.25 million upgrade. The project includes a full renovation of a 12,508 sq ft standalone industrial unit, complete with integrated office space, a secure yard and ample parking. Leeds based JP Wild Ltd has been appointed to carry out the refurbishment works to include an internal strip out and full refurbishment of the warehouse space, offices and kitchen/WC areas. Full mechanical and electrical services replacement is also being undertaken as well as external works to the building’s façade, roof, yard space, fencing, and drainage. Practical completion is expected by 01 November. The works are part of a site-wide refurbishment plan by Paloma Capital. Since acquiring the site in 2022 the London based investor has made a considerable investment to significantly upgrade accommodation as well as deliver new purpose designed trade units. It recently secured planning consent for four new industrial/warehouse units totalling 34,400 sq ft. The scheme is now offering design and build opportunities for units ranging from 4,000 sq ft up to 15,400 sq ft. Jeremy Thiagarajah, Director for Asset Management and Investment at Paloma Capital said: “We are pleased to start works to refurbish a large part of the estate to deliver more modern state of the art space for prospective occupiers. York North is already well recognised for its locational benefits and our sustainable approach to repurposing existing space will certainly deliver against undersupply for industrial and warehousing space in this area.” Located on Goose Lane in Sutton-on-the-forest, York North is strategically located just ten minutes from the York Outer Ring Road and close to Clifton Moor. The long established, multi-let site benefits from strong regional connectivity, close to the A59 leading directly to J47 of the A1(M) and wider motorway network. York City Centre is just 8.6 miles away and amenities are close by at Clifton Moor and Monks Cross Shopping Park. Representing agents are the Leeds offices of Carter Towler and JLL. Building, Design & Construction Magazine | The Choice of Industry Professionals
Triton Construction has announced significant progress on its £10 million contract to deliver 85,000 sq ft of industrial space at the Evolve development in Melton West, East Yorkshire, for Wykeland Group. The project, part of the Melton West business park, includes the design and construction of seven industrial units, alongside essential drainage and external works. The site will feature two larger units of 37,000 sq ft and 22,900 sq ft, plus a terrace of five smaller units, each 5,000 sq ft. The steel framework for one of the three main units is nearly complete, with cladding set to begin shortly. Incorporating sustainable features, the Evolve development is equipped with rooftop solar panels, green living walls, and fast electric vehicle charging stations, ensuring the project aligns with modern eco-friendly standards. Paul Clarkson, Managing Director of Triton Construction, shared his enthusiasm for the project: “We’re excited to be working with Wykeland on a development that will create new business opportunities and contribute to the economic growth of the East Riding. Our experience in delivering high-quality commercial developments makes us proud to be a part of the ongoing evolution of Melton West business park.” Looking ahead to 2024, when Triton celebrates its 20th anniversary, Clarkson noted that the Evolve project is a testament to the company’s expertise. “This kind of project demonstrates our capabilities in commercial development, and we’re thrilled to continue our work in the region.” Triton Construction has enjoyed a prosperous 2024, completing notable projects such as SPAR stores in Nafferton and Middlesbrough, as well as St George’s Retail Park in Middleton, Leeds. The firm has also commenced construction on several key developments, including the Cadet Training Centre in Beckingham, Brighouse Market, Barnsley and Preston Youth Zone, and a new teaching block in Huddersfield. Building, Design & Construction Magazine | The Choice of Industry Professionals
Panattoni, the largest logistics real estate developer in the UK and Europe, has signed a pre-lease agreement with DPD, the parcel delivery company, for a 58,000 sq ft facility at its net zero carbon Panattoni Park Sittingbourne development in Kent. Subject to planning approval, Panattoni expects to start construction of the facility, which comprises the second phase of the park, in the fourth quarter of this year and complete it in the third quarter of 2025. Panattoni is targeting a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’. Panattoni is already under construction with the 645,000 sq ft first phase of development at the park, comprising two units of 440,000 sq ft (S440) and 205,000 sq ft (S205). Completion of these two units is expected in March 2025. While there is already significant interest in these units, both remain available for tenants. All units are being developed with enhanced sustainability measures within the base specification, including the installation of roof-mounted solar panels and electric vehicle charging points. The park has 5MVa of power available with a further 1.35MVa of power generated from the solar panels. Panattoni is investing £170 million in the development of the park, which is strategically positioned between London and Dover, four miles north of junction 5 of the M2. Alex Mitchell, Development Manager, South East and London, at Panattoni, said: “This pre-let to DPD demonstrates the strong demand for high-quality, sustainable industrial space in the south east. We are excited to begin construction later this year and deliver a state-of-the-art facility that meets DPD’s operational needs while also aligning with our sustainability goals”. Agents at Panattoni Park Sittingbourne are Savills, Avison Young and CBRE. DPD was advised by SBH. Building, Design & Construction Magazine | The Choice of Industry Professionals
At the end of the summer, one of the leading freight forwarding companies in the airport sector opened a new 5,000-sqm site in the ever-expanding Maglód logistics park, which currently boasts almost 100,000 sqm of warehouse space. The long-term lease agreement between HGL Group Hungary and HelloParks will allow the company to expand further within HelloParks Maglód megapark in the future. Located near Ferenc Liszt International Airport, the development has won several prestigious awards and has recently become increasingly popular with leading companies in the air cargo industry. For example, Aeroplex Central Europe Ltd, the region’s largest independent aviation maintenance company, previously leased nearly 8,000 sqm of warehouse and office space on the same site. With this year’s transactions, 90 per cent of the two completed halls in the megapark have already been let. HelloParks Maglód Megapark boasts two national firsts: MG1, which houses HGL Group, was the first industrial property in Hungary to achieve BREEAM New Construction Excellent, while MG3, completed in the second phase, was also the first to achieve an Outstanding rating. The facilities support tenants’ day-to-day operations with sustainable and environmentally friendly solutions. Among the efficiency features are roof-mounted solar panels — which allow the offices to operate with zero primary energy consumption — and HelloParks’ dedicated mobile app. Even the rain that falls on the roof is harnessed and collected in a separate storage tank for irrigation. The common areas will be lit by smart-ready lights, and electric car chargers will be available in the warehouse car park. In addition to state-of-the-art technology, the developer, which will also manage the facilities, offers its partners flexible and customised design solutions that comply with all current regulations and favourable conditions for their further development. The HGL Group, which will soon move into hall MG1, focuses on transporting and handling high-value and sensitive goods that require special care, high speed and increased security. With its exceptional parameters, the site is also perfectly suited to these specialised activities. The company also provides European transport coordination for the major players in the Hungarian film industry and the arrival and customs clearance of a significant proportion of e-commerce goods entering the European Union via Hungary. “Moving to a new, sustainable facility is an important milestone for us and represents a significant stage in developing our ever-growing operations and high-quality services. Throughout the negotiations, we were convinced that HelloParks megapark would provide an excellent solution for our e-commerce business and our customers. The state-of-the-art facility will already house our new roller-bed transport and storage system developed for handling ULD air pallets,” said Csaba Németh, Managing Director of HGL Group Hungary, commenting on the deal. “We are proud to have gained the confidence of the HGL Group and are particularly pleased to be able to support their planned growth. This agreement is a further success of our firmly established development and leasing concept. Our presence in the vicinity of the airport is of paramount importance. With this cooperation, we have once again moved forward in an exciting and crucial market segment,” said AndrásBodahelyi, Senior Business Development Manager of HelloParks. Building, Design & Construction Magazine | The Choice of Industry Professionals
