Commercial : Industrial News
Rula Developments acquires industrial site in Sheffield

Rula Developments acquires industrial site in Sheffield

Rula Developments has acquired a 10-acre site close to Junctions 33 and 34 of the M1 in Sheffield with plans to deliver up to 230,000 sq ft. of new, state-of-the-art industrial / logistics accommodation. The prime site is located just off Europa Way, adjacent to the well-established Sheffield Business Park,

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Lift off for Apollo logistics scheme at Coventry’s Ansty Park

Lift off for Apollo logistics scheme at Coventry’s Ansty Park

Work is underway on the expansion of a landmark business park that will deliver more than 850,000 sq ft of new warehouse/logistics accommodation in the golden triangle. Four new speculative units are being constructed as part of the second phase of development at Apollo, Ansty Park in Coventry, a 52-acre

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Glencar receives international acclaim for highly sustainable construction practices at Bardon Hill project in Leicestershire

Glencar receives international acclaim for highly sustainable construction practices at Bardon Hill project in Leicestershire

In a significant acknowledgement of the sustainable construction practices undertaken on the construction of a 56,000 sq ft warehouse development Glencar was honoured with the award of the highly prestigious international ‘Helping the Environment Green Apple Award’ at the International Green Apple Awards for Environmental Best Practice. The completed warehouse,

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CPMG appointed to design the largest tissue mill in the UK

CPMG appointed to design the largest tissue mill in the UK 

NATIONAL award-winning architecture and interior design practice CPMG Architects has been appointed to design Metsä’s planned new tissue paper mill in Goole, East Riding of Yorkshire.  Assuming the necessary approvals are achieved, the proposed advanced manufacturing facility will boast the largest tissue production capacity in the UK, the latest in sustainable production technology and world-class environmental

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Panattoni passes £350m in southern acquisitions in 2023

Panattoni passes £350m in southern acquisitions in 2023

Panattoni, the largest logistics real estate developer across the UK and Europe, has passed the major landmark of £350 million through three significant acquisitions this year. The first quarter saw Panattoni acquire a prime west London redevelopment site near Heathrow Airport where an 80,000 sq ft unit will be delivered

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Latest Issue
Issue 335 : Dec 2025

Commercial : Industrial News

Rula Developments acquires industrial site in Sheffield

Rula Developments acquires industrial site in Sheffield

Rula Developments has acquired a 10-acre site close to Junctions 33 and 34 of the M1 in Sheffield with plans to deliver up to 230,000 sq ft. of new, state-of-the-art industrial / logistics accommodation. The prime site is located just off Europa Way, adjacent to the well-established Sheffield Business Park, and in the heart of the Advanced Manufacturing Innovation District (AMID). Existing occupier, Tinsley Bridge Group (TBG) has completed a sale and leaseback of its 62,000 sq ft factory and headquarters building which has been sold to Moorfield. TBG plans to vacate its old factory and remainder of the site in 2025, making way for redevelopment. Rula will submit a planning application in the first quarter of 2024 but is yet to determine building plot sizes subject to demand. Anthony Clitheroe, Development Director at Rula Developments said: “We are delighted to have secured this strategically important site that sits within an already well-established logistics location in Sheffield and just two miles from the M1 motorway. “The area is already recognised as a hotbed of cutting-edge industry and is well placed for last mile logistics operators serving the Sheffield City Region. “The requirement for high quality, purpose-built industrial accommodation in the region remains high and we plan to develop the plot in line with occupier demand. This site sits well within out existing portfolio of well located, highly accessible and strategically supported developments.” CPP represented Rula on the site acquisition and investment sale and have been retained as agent for the new build alongside Colliers. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Lift off for Apollo logistics scheme at Coventry’s Ansty Park

Lift off for Apollo logistics scheme at Coventry’s Ansty Park

Work is underway on the expansion of a landmark business park that will deliver more than 850,000 sq ft of new warehouse/logistics accommodation in the golden triangle. Four new speculative units are being constructed as part of the second phase of development at Apollo, Ansty Park in Coventry, a 52-acre site near the M6 and M69 motorways. The detached buildings range in size from 116,000 to 300,000 sq ft and offer highly specified accommodation to suit a range of occupier types. ESG is at the heart of the scheme, with roof-mounted PV arrays and EV charging points being provided as part of the base build. All four new developments will target BREEAM Excellent and an EPC A rating. Ansty Park also benefits from a high quality, landscaped park, including a running track, nature trail and wildlife corridor, and offers 24/7 security and out of hours access. The new units are expected to be available for occupation from January to March 2024. JINGDONG Property, Inc. (“JDP”) purchased the first and second phases of Apollo, Ansty Park in July 2023 as a part-completed development within a portfolio that combined, represents one of the largest investment transactions to take place this year. Cromwell Property Group is the asset manager for Apollo, Ansty Park. The first phase of the scheme comprised two units totalling more than 240,000 sq ft, which are fully let. John Vincent, Head of Asset Management, UK at Cromwell Property Group, said: “Ansty Park is the premier logistics destination in Coventry, with unrivalled access to the UK’s motorway network and excellent ESG credentials. We are keen to build on the successful letting of the first phase of development at Apollo, Ansty Park, by delivering high quality warehouse/logistics accommodation in a location with a highly skilled workforce that meets the needs of a range of occupiers.” Colin Lawrence-Waterhouse, Partner, National Logistics & Industrial Agency (Midlands) at Cushman & Wakefield, said: “We’re delighted to be working with JDP and Cromwell Property Group on what is one of the best located logistics and industrial schemes in the Midlands. Ansty Park lies adjacent to the M6 and M69 motorways at the heart of the golden triangle, and with Coventry’s strong track record with both manufacturing and distribution demand, we have no doubt that the second phase will be just as popular as the first.” Richard James-Moore, Director at JLL, said: “Apollo, Ansty Park is delivering highly sustainable logistics units in a super prime location which we are confident will be a recipe for success. JLL looks forward to working with JDP and Cromwell Property Group in delivering further success with the second phase of development following the recent lettings of phase one.” Ansty Park is a major commercial location strategically positioned at the heart of the UK’s logistics, manufacturing and aerospace sectors. The park’s location adjacent to Jct 2 of the M6 and Jct 1 of the M69, provides unrivalled access to the UK’s motorway network whilst also benefiting from strong public transport links. It lies in close proximity to Birmingham Airport and has excellent connectivity to London, and regional freight terminals. Existing occupiers at Ansty Park include Rolls-Royce, Sainsbury’s, Cadent Gas and aerospace giant, Meggitt. For more information please contact retained agents, Colin Lawrence-Waterhouse, Tom Kimbell and David Binks of Cushman & Wakefield, and Richard James-Moore and Chris Clark of JLL, or visit: www.apolloanstypark.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals

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Stoford starts work on retailer’s new fulfilment centre at Exeter Logistics Park

Stoford starts work on retailer’s new fulfilment centre at Exeter Logistics Park

Commercial property developer Stoford has begun work on a new high specification regional fulfilment centre (RFC) in East Devon on behalf of a leading UK retailer. The 42,500 sq ft building is being developed on a 2.98-acre plot at Exeter Logistics Park, Clyst Honiton, just two miles from Jct 29 of the M5 motorway. Stoford is lead developer for Exeter Logistics Park and has a long-term site wide agreement with the Church Commissioners for England to deliver c.500,000 sq ft of high quality industrial/logistics accommodation on the site. It has secured planning consent and private funding for the new RFC, which will contain several industry-leading sustainability features. They include water and daylight saving controls, PV panels, EV charging provision and a sustainable urban drainage system. Stoford will target BREEAM ‘very good’ and an EPC ‘A’ rating for the new building, as well as net zero carbon in operation. Glencar has been appointed as contractor and the unit is expected to be available for occupation from Q2 2024. Edward Peel, Director at Stoford said: “Exeter Logistics Park continues to attract high-calibre occupiers and we’re very pleased to commence construction of this new development. This is a well designed building, offering a combination of high-quality internal and external spaces in an easily accessible location that is perfect for distribution. “We have outline planning consent in place and the on-site infrastructure to immediately deliver new, high-quality accommodation that is flexible to meet individual needs.” Joanna Loxton, Head of Strategic Land at the Church Commissioners for England, said: “Today’s announcement marks the latest milestone in our development partnership with Stoford to deliver high-quality, sustainable industrial and logistics accommodation across Exeter Logistics Park, supporting employment opportunities and economic growth in the region. The fulfilment centre’s strong sustainability credentials – including net zero operational carbon – closely align with the Church Commissioners’ own environmental objectives and support for a low carbon economy.” Cllr Sam Hawkins, Vice Chair of East Devon District Council and Ward Councillor for Cranbrook, said: “It’s good to see this new regional distribution centre coming forward with a focus on sustainability and operationally net zero carbon, which is vital and supports the area’s vision for clean growth. “Exeter Logistics Park is a key employment site in East Devon, strategically located and complements our four sites in the Exeter and East Devon Enterprise Zone.” Cllr Matt Hall, East Devon District Council’s Portfolio Holder for the Economy, added: “As a distribution centre based in East Devon, Exeter Logistics Park is bringing new job opportunities for local people. This highly anticipated building is expected to achieve excellent sustainability credentials which is important in helping us reach our net zero carbon goal.” Exeter Logistics Park is ideally located for distribution, with access to the national motorway network via the A30 and direct bus links. It is sited near Exeter Airport, with Exeter city centre lying just six miles to the west of the site. Stoford has already delivered four new developments at Exeter Logistics Park, which include a new DHL parcel distribution service centre, and a 90,000 sq ft distribution unit and EV charging park for Amazon. More recently, adhesive manufacturer Forgeway signed a 15-year lease on a 28,500 sq ft building that was speculatively developed by Stoford and Urban Logistics REIT. Stoford has also installed high quality fitness and wellbeing facilities on site, including a trim trail and outdoor gym areas with bodyweight exercise equipment. For more information on availability at Exeter Logistics Park, contact the scheme’s retained agents, JLL and Cushman & Wakefield. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Valor appoints Glencar to build new 223,230 sq ft last mile logistics scheme at Beckton in East London

Valor appoints Glencar to build new 223,230 sq ft last mile logistics scheme at Beckton in East London

Development will comprise of four brand new grade A speculative warehouse units ranging in size from 27,193 upto 84,557 sq ft. The warehouses will be highly energy efficient and targeting an EPC A-5 and BREEAM excellent rating. The units will include ESG credentials such as EV charging stations, LED lighting and PV roof panels. Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been appointed by long-term and valued client Valor Real Estate Partners LLP to design and build a new industrial/warehouse development with ancillary offices, car parking and service yard located at a strategic development site in Beckton, East London. The development comprises of four logistics/industrial units totalling 215,000 sq ft in a range of sizes from 27,223 upto 81,842 sq ft fitted out to category A specification. The works include the diversion of existing services, demolition of existing buildings and the construction of a new roundabout and S278 Highways works. River wall repairs, part replacement of the existing sheet piled wall and intertidal terracing to the adjacent River Roding is also included. Works have commenced on site already with demo and stats isolations / diversions. Completion is forecast for December 2024. Commenting on the announcement, Glencar Managing Director London and South Roy Jones said: “We are absolutely delighted to once again be working with much valued repeat customer Valor Real Estate Partners after having completed a number of other projects during the past 18 months at strategic development sites in Beckton and Croydon. The team is looking forward to once again be getting on site having previously completed two speculative warehouses on Gemini Business Park. The warehouses will be highly energy efficient and targeting an EPC A-5 or better and BREEAM Excellent rating. The units will include ESG credentials such as EV charging stations, LED lighting, Green Roofs and PV roof panels. Also commenting, Max Freeman at Valor Real Estate Partners said: “We are very excited to be on-site and delivering this outstanding project but to also be partnering again with Glencar Construction. This project brings to market four highly functional units, which benefit from Valor’s latest specification and enhanced sustainability credentials, in a prime last mile location just of the A13. We have no doubt Glencar will be able to deliver on this flagship project for us and we are very much looking forward to the next 12 months of construction ahead. The development, being marketed as Valor Park East Circular Phase 2, is situated just off the east side of Jenkins Lane, which leads south to the A13 trunk road and the intersection with the A406 North Circular. This provides access to the M11 and M25 (Junctions 30/31) and Central London. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Glencar receives international acclaim for highly sustainable construction practices at Bardon Hill project in Leicestershire

Glencar receives international acclaim for highly sustainable construction practices at Bardon Hill project in Leicestershire

In a significant acknowledgement of the sustainable construction practices undertaken on the construction of a 56,000 sq ft warehouse development Glencar was honoured with the award of the highly prestigious international ‘Helping the Environment Green Apple Award’ at the International Green Apple Awards for Environmental Best Practice. The completed warehouse, delivered for customer JP Morgan prioritised sustainability at all levels, from energy consumption through to recycled material options. Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, yesterday announced that it is been awarded the prestigious international ‘Helping the Environment Green Apple’ Award on its Bardon Hill project in Leicestershire.  The project saw the construction of a new 56,000 sq ft warehouse for JP Morgan with sustainability prioritised throughout the build process from energy consumption through to recycled material options. The International Green Apple Awards, presided over by The Green Organization honour achievements for International Environmental Best Practice and are much coveted.  The ceremony on the 20th November was held at the iconic Palace of Westminster and served as a momentous occasion both for the industry together with Glencar and its project delivery partners. The project brought together a paragon of highly sustainable, leading edge construction practices, integrating innovative and environmentally friendly techniques, alongside extensive waste management, recycling, resource efficiency and carbon reduction initiatives. It involved building a 56,000 sq ft warehouse with office space, parking, and landscaping. Lime stabilisation and prefabricated steel frame construction were used to reduce energy consumption and promote recyclability. Other sustainability initiatives included waste management, biodiversity promotion, mental health campaigns, and supporting local communities. The award directly recognises the project team’s achievements with the scheme achieving a BREEAM Outstanding score for the build of 87.2% and 100% for waste category performance.  It exceeds industry standards, and implemented innovative solutions like rainwater harvesting and solar panels, Attending the event to collect the award was Glencar Operations Director; Kevin O’Connor, Commercial Manager; Adam Scott and Project Manager; Mat Stowe who oversaw construction and the processes involved from start to finish. Speaking about the award Kevin, Adam and Mat said: “The International Green Apple Awards serve as a highly prestigious international level recognition, celebrating and honouring those companies and organisations in the built environment that demonstrate environmental best practices. Winning this award therefore places Glencar Construction within a select group of companies at the forefront of the sustainable construction movement within the industrial and logistics sector, confirming its position as a pioneer in the field. This project exemplifies our commitment to creating a sustainable future and dedication to excellence, integrity, customer satisfaction and innovation. We are honoured to receive this recognition and will continue to innovate in our projects, ensuring environmental considerations are at the forefront of everything we do.  On behalf of the full Bardon project team I would like to thank everyone for their hard work and dedication towards creating a more sustainable future. For further information about the award and Bardon Hill project please visit: https://glencar.com/case-study/bardon-2-unit-3-coalville/ Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Glencar to deliver new state of the art regional hub for DX (Group) plc at new 200-acre New Stanton Park Development

Glencar to deliver new state of the art regional hub for DX (Group) plc at new 200-acre New Stanton Park Development

New scheme which has outline planning permission for 2.6m sq ft of development for build to suit industrial and warehouse units from 11,000 sq ft upto 1,068,00 sq ft in a single building is being developed by Verdant Regeneration Ltd and situated in Ilkeston at J25 of the M1. Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, yesterday announced that it has been appointed by new customer Verdant Regeneration to design and build a new 20,400 sq ft regional hub for DX (Group) plc, a leading provider of delivery solutions including parcel freight, secure courier, 2-Man and logistics services, at a new 200-acre development site in Ilkeston, Derbyshire. The DX regional hub project which will also include construction of offices and external works will be built to an exceptionally high standard with a raised dock and  onsite car parking. The new hub and depot will provide significant additional regional capacity, improve efficiency by reducing stem mileage, delivering environmental and customer service benefits. Construction is due to start on site during October 2023 with the building expected to take 24 weeks to build, PC by early April 2024.. To celebrate the announcement and to mark the start of works onsite a ground breaking event was recently held attended by executives from DX, Glencar, officials from Erewash Borough Council, Mayor Councillor Frank Phillips, Leader of the Council Councillor James Dawson and local MP Maggie Throup. The development being formally marketed as New Stanton Park has outline planning permission for the construction of 2.6m sq ft of industrial/warehouse units from 11,000 sq ft upto 1,068,00 sq ft in a single building with the potential to deliver upto 4,000 new jobs once fully developed.  The site has power connection of 31mva and can accommodate a high volume water connection. Speaking about the project Pete Goodman, Managing Director – UK Midlands, North and Ireland said: “We are very happy to have been appointed by new customer Verdant Regeneration on what will be the first development to come out of the ground at this brand new strategically located development site which has been a long time in the planning. This development has been designed with sustainability at the core which when combined with large amounts of amenity and green space at New Stanton Park will see fishing ponds, rural walkways and cycle tracks all enhanced to link the site and wider communities. Glencar are fully committed to sustainable construction and a sustainable future. Our ESG approach has been deliberately designed to help us to create a positive impact on the world in which we operate as well as a more innovative, resilient and successful business for the future.  We are committed to being a responsible business and to supporting customers in achieving their own sustainability targets and look forward to working closely with Verdant Regeneration and the broader project team. Also in comment, David Grier of Verdant Regeneration said “Having acquired the site in 2020, we have worked hard across the team to quickly bring forward an outline planning application for a development of 2.6m sq ft on what is one of the largest regeneration projects within the region. We are delighted to have now successfully secured outline planning consent and thank Erewash Borough Council for the professional manner and efficiency in which they have dealt with the planning application. New Stanton Park offers an excellent strategic location, blending an active rail connection with strong private and public transport connectivity, plentiful labour, large power supply and high volume water connection. When combined, we are confident this will result in a highly successful development with the next chapter set to positively transform and improve the area, bringing forward large scale job creation in the process. Also commenting, Paul Ibbetson, Chief Executive Officer DX (Group) plc, said “DX is delighted to be announced as the first business taking space on New Stanton Park Industrial Estate, a redevelopment scheme near Nottingham. The purchase of this 25,000 sq ft site will enable us to create a major new regional hub and depot to service our Group’s parcel freight activities. The new hub and depot will provide significant additional regional capacity, improve efficiency by reducing stem mileage and is in line with our plans to make strategic property investments. We also look forward to creating further job opportunities in the area. Construction, which will benefit from a raised dock and mechanisation, is expected to be completed during Q2 2024.” New Stanton Park has outline planning permission for the construction of 2.6m sq ft of industrial/warehouse units from 11,000 sq ft upto 1,068,00 sq ft in a single building with the potential to deliver upto 4,000 new jobs once fully developed.  The site has a very substantial power connection of 31mva and can accommodate high volume water connections. For further information please visit: https://newstantonpark.com/

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CPMG appointed to design the largest tissue mill in the UK

CPMG appointed to design the largest tissue mill in the UK 

NATIONAL award-winning architecture and interior design practice CPMG Architects has been appointed to design Metsä’s planned new tissue paper mill in Goole, East Riding of Yorkshire.  Assuming the necessary approvals are achieved, the proposed advanced manufacturing facility will boast the largest tissue production capacity in the UK, the latest in sustainable production technology and world-class environmental performance standards, acting as an exemplar for the industry.  Anil Parmar, director, and industrial lead at CPMG, said: “This is a hugely exciting scheme for not only for us, but also for Metsä, East Yorkshire and the manufacturing industry. Designing the facility to meet Metsä UK’s ambitions to be fossil fuel free by 2030 and using cutting-edge sustainable production technologies is a challenge we are delighted to accept.  “The site itself is more than 200 acres and, once complete, will have the capacity to produce 240,000 tonnes of tissue paper, so the scale of the project is self-evident. CPMG’s role is to make Metsa’s vision a reality, something which will bring us great pride when the wider positive impacts of job creation, manufacturing capability and economic growth are realised.”  The leading Finnish tissue paper manufacturer’s first venture into the UK is set to create more than 400 direct local jobs over the next decade, and many more indirectly generated across the supply chain, through planned investment totaling several hundreds of millions of pounds. The result will be the UK’s self-sufficiency increasing by more than 30 per cent in the production of essential tissue products.  Esa Kaikkonen, CEO at Metsä Tissue, said: “We are delighted to announce our plan to invest in a world-class production site in Goole. This exciting investment would bring the UK and Finland together through combining the sustainable raw material of fresh wood fibres grown in the Nordics with world-class local production of quality tissues in the UK.   “We are thrilled about how these plans can contribute to more sustainable local tissue production in the UK, offering alternatives to the currently imported tissue products. The project will significantly enhance Metsä Tissue’s presence in this country and underscores the importance of the UK market to our business in the years ahead.  “Goole is the perfect location for this proposed investment. The Humber region provides a crucial gateway to the whole of the United Kingdom and the region’s ambitions to bring cutting-edge green technology and jobs to the UK matches our ambitions in clean, sustainable manufacturing.”  Speaking recently, following his speech on the UK’s net zero ambition, Prime Minister Rishi Sunak said: “Metsa Tissue’s investment is good for Yorkshire, good for our economy and good for sustainability. This announcement is another example of the UK being the first choice for European investment and delivers on my commitment to grow the economy, creating better-paid jobs and opportunity right across the country.”  Up to 45% of tissue products are currently imported into the UK and Ireland. Metsä Tissue aims to replace almost half of the imported products with local British production.  For more information on CPMG, please visit https://www.cpmg-architects.com/  Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Hortons’ Estate Ltd pre-lets speculative industrial/warehouse in the Black Country

Hortons’ Estate Ltd pre-lets speculative industrial/warehouse in the Black Country

Independent property company, Hortons’ Estate Ltd has pre-let the first of two new speculative developments at an established industrial location in the Black Country. Manufacturer NDB Engineering has signed a 15-year lease on Unit 6, a new 21,400 sq ft industrial/warehouse at Electrium Point in Willenhall. The firm will relocate from existing premises on John Harper Street in Wolverhampton to facilitate its continued growth and expansion. Both new industrial/warehouse developments at Electrium Point are expected to be complete in December 2023. NDB Engineering manufactures safety critical parts and precision machined components for applications including nuclear, defence, oil and gas, and many other industrial uses. The firm’s owning partner, Rebecca James said that the manufacturer had experienced a rising demand for its products and expects the move to larger premises will create several new jobs. She said: “We’re really excited for the move. The specification of the unit provided by Hortons is exceptional. It has given us the perfect blank canvas to lay out a modern production facility that both benefits our loyal workforce and allows us to continue to invest in equipment and importantly, continue with our growth.” Her business partner, Andy Williams is excited for the social and environmental benefits of the move. He said: “The unit is very local to our current facility, meaning 100% of our workforce has been retained. This is so important to us, given our staff are key to our success. Hortons has considered many environmental benefits too, including solar panels and electric vehicle chargers, meaning we will continue to improve our environmental impact.” Unit 6 is one of two new buildings that Hortons is delivering on a vacant plot at Electrium Point that will deliver a combined 41,900 sq ft of new high spec, energy efficient industrial/warehouse accommodation. The sustainable scheme contains photovoltaic roof panels and EV charging stations, and is targeting an EPC ‘A’ rating. Other features include 50 kN/m2 floor loading capacities, 8m clear heights and level access doors, with the remaining Unit 7 also benefiting from a large enclosed service yard. Jeremy Boothroyd of Hortons said: “NDB Engineering is a successful local manufacturer and we are very pleased it has chosen to relocate to Electrium Point. There is a shortage of high-quality industrial space like this in the Black Country and pre-letting Unit 6 supports our decision to speculatively develop the scheme.” Electrium Point is located approximately one mile from Willenhall town centre and less than two miles from Jct 10 of the M6 via Clarke’s Lane (A462) and Wolverhampton Road West (B4464). Wolverhampton city centre lies c.3 miles to the west and Walsall town centre is c.3 miles to the east. For more information regarding Unit 7 at Electrium Point, please contact retained agents, KWB and Bulleys. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Panattoni passes £350m in southern acquisitions in 2023

Panattoni passes £350m in southern acquisitions in 2023

Panattoni, the largest logistics real estate developer across the UK and Europe, has passed the major landmark of £350 million through three significant acquisitions this year. The first quarter saw Panattoni acquire a prime west London redevelopment site near Heathrow Airport where an 80,000 sq ft unit will be delivered for Q3 2024; the site is called Panattoni Poyle. The start of the third quarter saw the acquisition of a site to deliver 800,000 sq ft in Milton Keynes, where the business will construct two speculative units of 350,000 sq ft and 450,000 sq ft. The end of the third quarter sees the acquisition of a two unit park totalling 626,468 sq ft in Sittingbourne, strategically located to the Southeast of London 4 miles from junction 5 of the M2. The 26-acre site, acquired from Abrdn, will be developed as a state-of-the-art, net zero carbon development. This prime location offers unparalleled access to local and national distribution routes facilitated by the M2, M20, and M25 motorways. The development will provide seamless connectivity to vital markets such as London, the Southeast, and Europe via London Thamesport, Dover, and the Port of Tilbury. The site has planning consent for two distinct units, spanning 439,228 sq ft and 205,320 sq ft, respectively which will be speculatively developed.  Construction is due to commence at the end of the fourth quarter of 2023, with a targeted completion date in the fourth quarter of 2024. A key advantage and differentiator of Panattoni Park Sittingbourne are its enhanced environmental, social, and governance (ESG) features; the site has 5MVa of power available with a further capacity of additional 1.35MVa from the solar PV provided as part of the base specification by Panattoni. Furthermore, Panattoni will engineer the construction to achieve a BREEAM sustainability rating of ‘Excellent’ and an Energy Performance Certificate (EPC) rating of ‘A’. Panattoni’s acquisition at Sittingbourne follows its success at the nearby 1.6 million sq ft Panattoni Park Aylesford; the level of demand in the region has  resulted in the scheme being  100% pre-let to major national and international occupiers in less than 24 months from acquisition Tony Watkins, Head of Development for the South East and London at Panattoni, said, “This third acquisition in the South in 2023 confirms our success in delivering on a strategy to acquire land that provides value to investors and customers in the current commercial environment. We will continue to selectively purchase key developments that offer value-add opportunities within core markets in London and the South East, where we can drive rental growth”. Finally, he said “we expect to be announcing more acquisitions this quarter”. Panattoni were advised by JLL Abrdn were advised by Avison Young and Savills Building, Design & Construction Magazine | The Choice of Industry Professionals 

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Latest deals mean Greater Manchester industrial estate is more than 50% pre-let

Latest deals mean Greater Manchester industrial estate is more than 50% pre-let

Development is currently being built by North West construction company, Bansco Network Space has agreed deals on two further units at Broadheath Networkcentre in Altrincham. Bansco is delivering the development on behalf of Network Space, with the first unit already complete and the remaining development at the 11.5 acre former Cartwright headquarters due to finish later this year. Worldwide event hire company, Options Greathire, is taking 36,000 sq ft across 2 units at the Atlantic Street site, where some 206,000 sq ft of high quality workspace is being delivered across 25 units. Headquartered in France, with locations across Europe, Options Greathire has recently acquired a North West company and is looking to establish a northern presence at Broadheath Networkcentre, to build on their existing UK facility close to Heathrow. Options Greathire will join XPand Logistics and Maersk at the site, meaning more than 50% of the site is now pre-let. Simon Eaton, Senior Development Manager at Network Space, said: “We are delighted to welcome Options Greathire to Broadheath Networkcentre. These latest deals continue our trend in attracting high quality occupiers to the site and it is fantastic to have let over 50% of the total floorspace ahead of practical completion. “On top of the secured lettings, we are still receiving a high level of enquiries in the remaining units which is testament to the scheme’s quality, sustainability credentials and prime location.” The regeneration of this brownfield site will see a mix of high-quality refurbished space, alongside new builds, creating a modern, multi-let industrial destination. With remaining units available from 2,100 sq ft to 17,000 sq ft, the development has the capacity to create upwards of 400 new jobs and provide much needed speculative workspace in the region. An environmentally friendly scheme, targeting EPC A ratings and BREEAM Very Good, there has also been a significant reduction in embodied carbon through the construction process as the steel and concrete structures on the site are being reused and recycled. In operation initiatives include renewable energy provision through solar panels and electric vehicle charging points across the entire scheme. The scheme is being supported with a £23.25 million loan from Trafford Council and with over 95% of the project budget being invested in a supply chain within 45 miles of the site, a significant number of local training and employment opportunities have been created. Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre by Network Space. Jonathan Williams, associate director at Savills, said: “We are continuing to see a high level of demand and low level of supply in the North West for industrial & logistics despite the obvious headwinds the market is facing. Being 50% pre let before completion is a fantastic result for the scheme which highlights the quality of the space on offer and the strength of the location. Broadheath Networkcentre will be a much needed supply boost of SME space for the south Manchester market.” The wider professional team includes Walker Sime, project management and quantity surveying and AEW architects. Building, Design & Construction Magazine | The Choice of Industry Professionals 

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