Prologis, the UK’s leading owner and developer of logistics property, has announced two changes in its Capital Deployment & Leasing team as it continues to pave the way in an evolving market. Ian Romano steps up to Vice President – Head of Land and Development and will widen his current
Work has completed on a speculative unit at the popular Worcester Six Business Park, commercial property developer Stoford has announced. Cabot 38, which comprises 34,000 sq ft of flexible commercial space and 4,073 sq ft of offices, has been specified to suit a range of occupiers and has E(g), B2
Scheme extends to a total development (GEA) of 302,844 sq ft across six highly sustainable new industrial warehouse buildings. Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has just announced that it has been appointed by leading property development company Wrenbridge and specialist
Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing a 268,063 sq ft last-mile logistics development at Brighton. Panattoni Park Brighton will comprise of seven units, ranging from 19,834 sq ft to 55,632 sq ft, which will be built to a BREEAM rating
The latest research from Searchland, the development site sourcing specialists, has revealed that industrial land plots are the only land type to have seen an increase in property development interest since the first quarter of this year. Searchland’s Land Development Demand Index monitors appetites for land plots across England based
Sherburn2 is set for further expansion, with detailed plans submitted for 515,990 sqft of prime logistics and manufacturing space, with a gross development value of £67.9 m. Family-owned, Yorkshire property company Glentrool Estates Group Limited is transforming the 85-acre Sherburn2 at Junction 42 of the A1(M) into a first-class logistics
Canmoor secures planning consent for 300,000 sq ft of speculative industrial development Canmoor has secured planning consent from Renfrewshire Council to develop 300,000 sq ft of brand new speculative space on a 13-acre site at Westway, next to Glasgow Airport. The £25m development will consist of two high-quality industrial/warehouse units
This project serves as the inaugural development awarded to Glencar and comprises of five separate units that range from 19,000 sq. ft to 53,700 sq. ft in size. Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that it has been
Cable management specialist, HellermannTyton, has completed a multi-million-pound expansion to its Plymouth factory with an official opening due to take place in July. Based at the Plymouth International Medical and Technology Park in Derriford, HellermannTyton has doubled the size of its current factory by adding a new 3,439 m2 production
Darren Freed has joined Prologis UK as a Director within the Real Estate and Customer Service team in a newly created role for the company. He joins the UK’s leading owner, developer and investor of logistics property with 20 years of experience in asset and fund management. Previously employed by
Prologis, the UK’s leading owner and developer of logistics property, has announced two changes in its Capital Deployment & Leasing team as it continues to pave the way in an evolving market. Ian Romano steps up to Vice President – Head of Land and Development and will widen his current remit to encompass regions outside the Midlands (excluding London) and will lead on land acquisition and development activities. Ian will act as a key partner to Prologis’ Development Management team, ensuring the business is aligned on delivering the next generation of Prologis Parks. As Vice President – Head of Leasing, Sally Duggleby will be responsible for all leasing activity across Prologis’ UK estate, including speculative, second generation and lease renewals. Sally will also act as a key partner to Prologis’ customer facing teams to ensure a customer-centric view throughout commercial negotiations. Both Sally and Ian will continue to report to Robin Woodbridge, Head of Capital Deployment & Leasing UK, who will also maintain direct responsibility for the London team whilst remaining strongly embedded in all activity at Daventry International Rail Freight Terminal (DIRFT); the business’ largest UK asset. Paul Weston, Regional Head, Prologis UK, said: “In addition to our strengths in the ‘big box’ market, Prologis UK’s position has evolved significantly over the past five years, with our portfolio now featuring urban logistics, data centres, and life sciences, with further development on the horizon. “These changes to the Capital Deployment & Leasing team will ensure we have the right people focused on two of our core activities of development and leasing, both of which are becoming increasingly challenging to navigate. “Sally and Ian have both made significant contributions to the business’ strategic development so far, and I am confident they will continue to do so in their new positions.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Work has completed on a speculative unit at the popular Worcester Six Business Park, commercial property developer Stoford has announced. Cabot 38, which comprises 34,000 sq ft of flexible commercial space and 4,073 sq ft of offices, has been specified to suit a range of occupiers and has E(g), B2 and B8 planning consent. The unit, adjacent to ZwickRoell and Kimal, benefits from photovoltaic roof panels and has achieved an EPC A rating. Overall, Worcester Six has a BREEAM rating of ‘Very Good’. Edward Peel, Director at Stoford, said: “We are delighted to have completed the building, which has been funded by international private equity real estate firm Cabot Properties. The unit is our tenth at Worcester Six. It has been completed to an extremely high specification and is already attracting interest from potential tenants.” “Our significant investment in Worcester Six over the past few years has led to the creation of a high-quality business park that has attracted a number of world-class businesses to the region,” he said. “I’ve no doubt the quality of Cabot 38 will ensure another ambitious company will want to play its part in this success story. “Not only is it a success story for local business and enterprise, it is also good news from an environmental point of view as we are safeguarding the valuable green space and preserving the rich, diverse wildlife there. We’re proud to be delivering on our environmental remit, too.” Stoford has worked with Worcestershire’s Green Infrastructure (GI) Partnership to create a long-term GI Concept Plan, which will see the developer putting aside 6.55ha of the site for natural habitats and landscaping, in addition to on-plot landscaping. Worcester Six Business Park is home to Siemens, Spire Healthcare, Kimal, Kohler Mira, ZwickRoell, Alliance Flooring Distribution and IONOS. Once fully developed, it will provide 2.1 million sq ft of accommodation. For enquiries, contact Charles D’Auncey and Sara Garratt at Harris Lamb – Charles.Dauncey@harrislamb.com, sara.garratt@harrislamb.com, or Ben Wiley, Seb Moseley or Giles Thomas at BNP Paribas Real Estate: Ben.Wiley@realestate.bnpparibas, Giles.Thomas@realestate.bnpparibas, Seb.Moseley@realestate.bnpparibas For more details about Worcester Six, visit www.worcester6.co.uk. Building, Design & Construction Magazine | The Choice of Industry Professionals
Scheme extends to a total development (GEA) of 302,844 sq ft across six highly sustainable new industrial warehouse buildings. Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has just announced that it has been appointed by leading property development company Wrenbridge and specialist sustainable and impact investor Bridges Fund Management, to build a new six-unit industrial warehouse development totalling 302,844 sq ft at a strategic development site in Aylesford, Kent, named Click Aylesford. The works will see construction of six highly sustainable new industrial warehouse buildings, completed in shell form with finished open plan offices at first floor, resulting in total development GEA of 302,844 sq ft. The project is adjacent to the M20 motorway and a Network Rail line and includes Section 278 works. Construction of the development is due to start in July and is expected to take 52 weeks, with the expected PC by the end of August 2024. Commenting on the announcement, Greg Wright Glencar Operations director said: “Repeat business is the best business, and we are very pleased to once again be working in partnership with our long standing and much valued customer Wrenbridge, and its partner, Bridges Fund Management, to deliver this fantastic new industrial development at Little Preston in Aylesford. We are also currently on site with Wrenbridge and Bridges Fund Management at Lily House, Basingstoke, and we have previously delivered a five-unit industrial scheme for Wrenbridge – The Bridge in Dartford, which once again demonstrates the strength of our partnership and supply chain. We look forward to working with the team onsite including KAM, Chetwoods, and Sweco and delivering a great new facility for this important customer.” Also commenting Alistair Dunsdon of Wrenbridge, said: “We are very excited to kick start the delivery phase of this major scheme alongside our funding partner Bridges Fund Management and construction partner Glencar. The scheme which is ideally situated in a strategic location off the M20 will provide high quality buildings and achieve market leading sustainability credentials. We look forward to starting on site in the next few weeks and having these units available for local, regional and national businesses by the summer of 2024. Building, Design & Construction Magazine | The Choice of Industry Professionals
Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing a 268,063 sq ft last-mile logistics development at Brighton. Panattoni Park Brighton will comprise of seven units, ranging from 19,834 sq ft to 55,632 sq ft, which will be built to a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’ to prioritise energy efficiency and reduce operating costs. They will benefit from eaves ranging from minimum 7m to 10m, 15% roof lights and EV charging for vans and cars. The development is scheduled for completion in Q2 of 2024. Situated adjacent to Brighton City Airport and the A27 dual carriageway, Panattoni Park Brighton will deliver much-needed Grade-A space within this fast-growing region. It will be the third development for Panattoni this year south of London, joining a 452,469 sq ft last-mile development at Burgess Hill and a 200,000 sq ft development in Crawley. This reflects Panattoni’s confidence in the strength of the south coast logistics market, where the demand-supply imbalance is acute. David McGougan, Development Director at Panattoni, said: “This development presents a very rare industrial and logistics opportunity. Panattoni Park Brighton is the ideal location for last-mile delivery operations looking to address consumer markets clustering the south coast. We look forward to bring forward these speculative units. “Brighton and Hove is predicted to become one of the UK’s top 10 fastest-growing economies by the end of 2023”. Letting agents at Panattoni Park Brighton are DTRE, Savills and SHW. Building, Design & Construction Magazine | The Choice of Industry Professionals
The latest research from Searchland, the development site sourcing specialists, has revealed that industrial land plots are the only land type to have seen an increase in property development interest since the first quarter of this year. Searchland’s Land Development Demand Index monitors appetites for land plots across England based on the number of available opportunities within the market that have already been snapped up by developers.* The latest index shows that developer demand has cooled during the second quarter of this year, down -2% since Q1. However, demand remains robust with 45% of all available land plots having already been sold subject to contract. The East Midlands (+1%) and London (+0.4%) are the only regions to have seen positive movement when it comes to the quarterly change in developer demand across the board. Land only plots remain the most in-demand development plot with current demand at 46%, although the appetite for such opportunities has cooled by -2% since the start of the year. London is the only region to have seen a quarterly boost in land only development demand. Farm land also remains popular with current demand at 43%, although again, this is some -4% off the pace set during Q1. However, the North East (+23%), East of England (+17%), North West (+10%) and East Midlands (+7%) have all seen positive growth in demand for farm development opportunities. Industrial development sites are not only the third most in-demand in Q2 at 38%, but they are also the only development type to have seen positive quarterly growth overall. Demand for industrial development opportunities has crept up by 0.4% since the start of the year, with Yorkshire and the Humber driving this growth where all industrial development plots are currently sold subject to contract. Demand for commercial and residential plots sits at 35% a piece, with both sectors seeing a respective reduction in demand of -1% and -4%. Co-founder and CEO of Searchland, Mitchell Fasanya, commented: “Developer appetites remain highest for land only plots as it allows them the freedom to realise their ambitions from the ground up, however, it’s clear that the wider economic picture is starting to dampen their enthusiasm with demand declining since the start of the year. In fact, industrial plots are the only land type to have seen a marginal uplift in this respect although there is positive movement across almost every land type when breaking the market down on a regional level. Demand remains lowest for both residential and commercial plots and with interest rates continuing to climb while market values stagnate, we expect this to remain the case throughout the remainder of the year.” Data tablesData tables and sources can be viewed online, here. Building, Design & Construction Magazine | The Choice of Industry Professionals
Sherburn2 is set for further expansion, with detailed plans submitted for 515,990 sqft of prime logistics and manufacturing space, with a gross development value of £67.9 m. Family-owned, Yorkshire property company Glentrool Estates Group Limited is transforming the 85-acre Sherburn2 at Junction 42 of the A1(M) into a first-class logistics and manufacturing park. Collectively, the £157.9 million development has the capacity to create over 1450 quality, sustainable, full-time equivalent jobs. The Reserved Matters detailed planning application for the North and South phases of Sherburn2 will open the remaining 25.5 acres. The South phase (S2 374) can accommodate up to a single unit of 374,000 sqft, whilst the North phase (S2 North) will provide 141,990 sqft in 5 units with sizes from 2,850 sqft to 48,330 sqft. The development will boast strong sustainability credentials with extensive landscaping, including new combined cycle and footpaths, communal areas, a woodland walk and an Excellent BREEAM target. Construction is already underway for the £87m 660,000 sqft East phase, due to be complete in October 2023. Director of Glentrool Estates Group Limited, Jeremy Nolan, said, “With the growing success of the East phase, Glentrool Estates Group Limited has invested in the reserved matters planning application for the North and South phases to accelerate delivery for occupiers. The submission of the Reserved Matters application reinforces the regional importance of this significant employment site which compliments the emerging housing supply and large, skilled workforce in the Selby District. The continued success of Sherburn2 reflects the superb location, quality of product and Glentrool’s proven track record of delivering buildings to cater for the forward-thinking occupier. With the completion of the Spine Road in May 2023, S2 North and S2 374 are gearing up for delivery; we anticipate high levels of interest in the variety and flexibility of space available.” Cllr. Derek Bastiman, North Yorkshire Council Executive Member for Open to Business, said, “We welcome this significant investment into the Sherburn2 site. There has been a long and positive relationship with Glentrool to unlock the potential of this site, which will bring significant new business and jobs into North Yorkshire. We also applaud the commitment to sustainable design and see great potential to attract high-quality jobs at this premier logistics and manufacturing park.” Colliers and Carter Towler are the appointed agents for S2 North and S2 374. Ian Greenwood of Carter Towler said, “It is excellent news that Glentrool Estates Group have committed to lodging this application. The market continues to be characterised by demand materially outstripping supply. The lack of supply of quality new premises, particularly in the mid-box sector within West and North Yorkshire, is a major frustration to the expansion plans of many of the region’s companies. We are certain that once these units are brought to market that they will be occupied very quickly.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Canmoor secures planning consent for 300,000 sq ft of speculative industrial development Canmoor has secured planning consent from Renfrewshire Council to develop 300,000 sq ft of brand new speculative space on a 13-acre site at Westway, next to Glasgow Airport. The £25m development will consist of two high-quality industrial/warehouse units of 86,630 sq ft and 202,230 sq ft, to be known as “Westway 90” and “Westway 200” respectively. The larger unit will be capable of being split into two units of 91,110 sq ft and 118,140 sq ft. The development will provide quick and direct access from Westway to Junction 28 of the M8, via the recently opened Barnwell Street Bridge, as well as to Glasgow Airport and across the Advanced Manufacturing Innovation District Scotland (AMIDS). It will be adjacent to the recently opened Filshill distribution centre and has the potential to attract further new businesses and bring employment opportunities to the area. The units will be designed to a high specification, of steel portal frame construction, with eaves heights of 12.5m. Each will feature ample dock leveller loading bays and also provide high quality offices. There will be dedicated car parking, generous HGV parking and an extensive yard, of up to 50 metres deep. Sustainability is at the heart of development at Westway, with each unit designed as all electric, targeting BREEAM “Excellent” and EPC ratings of “A”. Further green credentials include electric car charging points, provision for PV panels and air source heat pumps. This all combines well with further ESG initiatives across the entire estate. A preferred main contractor has been identified and the development is expected to commence in July, with the units being available for occupation in Q4 2024. Gregor King, Canmoor’s Asset Manager at Westway said: “We are committed to continually improving the standard of accommodation at Westway, through ongoing investment and firmly believe the development of this “best in class” high quality sustainable industrial/logistics space will be very well-received in the Scottish market. “The exceptional connectivity, including convenient access to Glasgow Airport and the M8, further adds to its appeal. Westway stands out as one of Scotland’s most well-connected industrial and logistics parks, benefiting from 24-hour security. “With this outlook, exciting times lie ahead as Canmoor continues its ongoing investments.” Gavin Newlands, MP for Paisley and Renfrewshire North added: “Having the capacity to provide additional quality industrial and logistics space is incredibly positive news for Renfrewshire and the wider west of Scotland region. “This development will attract more businesses to establish their presence here, fostering job creation in the process.” Westway is Scotland’s largest fully enclosed industrial park and currently offers over 1,700,000 sq ft of multi-let space. Set on a 135-acre self-contained site next to Glasgow Airport and within the Advanced Manufacturing Innovation District Scotland (AMIDS), it is home to a range of local, national and international businesses including Altrad, Babcock, Malin Group, Renewable Parts, DSV Logistics, AMG Group, Steder Group, Star Refrigeration, Kintetsu World Express, The National Manufacturing Institute Scotland, Boeing and Bullet Express and JW Filshill. Situated in a spacious landscaped site, Westway is easily accessible by car, commercial vehicle and public transport. Conveniently positioned only 10 miles west of Glasgow city centre, the park has direct access to an extensive transport infrastructure. It offers quality accommodation within a 24-hour secure environment. Iain Davidson, Director of Colliers added: “Westway stands as a premier industrial and logistics destination in Scotland, consistently drawing substantial interest from local and regional businesses seeking occupancy. The Scottish market eagerly awaits such developments, and with its prime location and exceptional connectivity, we expect strong demand for this highly sought-after speculative project.” Canmoor’s joint leasing agents are JLL and Colliers, with management by Knight Frank. Further information on can be found at: (BROCHURE) Building, Design & Construction Magazine | The Choice of Industry Professionals
This project serves as the inaugural development awarded to Glencar and comprises of five separate units that range from 19,000 sq. ft to 53,700 sq. ft in size. 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 leading international real estate developer specialising in industrial real estate and warehouses, Panattoni, to build a multi-unit industrial scheme at Brighton City Airport. The development, being marketed as Panattoni Park Brighton is being developed speculatively and comprises of five new build industrial and logistics units ranging from 19,000 to 53,700 sq. ft. The works which commenced at the start of June will comprise of the design and build of each of the industrial units, including associated external works, services, infrastructure and landscaping. The project is situated adjacent to Brighton City Airport and includes works to the public highway. It is also targeted to be a BREEAM excellent development. The development is expected to complete by May 2024. Commenting on the announcement, Eddie McGillycuddy Glencar CEO said: “As Europe’s largest developer of logistics property, Panattoni have an extensive development pipeline and we are very happy to be working together and to be appointed for the first time on this standout south coast development. It’s also a hugely significant appointment for us as it once again confirms that Glencar is the preferred partner for all of the major industrial and logistics real estate developers as a result of our industrial leading credentials and consistently high performance and delivery. We very look forward to working with Panattoni and full project team, including project managers KAM Project Consultants and architects HTC Architects to deliver an outstanding final product”. Situated adjacent to Brighton City Airport and the A27 dual carriageway, Panattoni Park Brighton will deliver much-needed Grade-A space within this fast-growing region ideally set-up for last mile delivery operations looking to address consumer markets clustering the south coast. Building, Design & Construction Magazine | The Choice of Industry Professionals
Cable management specialist, HellermannTyton, has completed a multi-million-pound expansion to its Plymouth factory with an official opening due to take place in July. Based at the Plymouth International Medical and Technology Park in Derriford, HellermannTyton has doubled the size of its current factory by adding a new 3,439 m2 production facility. The new site expansion will support recent developments across a variety of sectors including rail, automotive and defence, which has caused a 60% growth in business at the site. The expansion features a bespoke extrusion hall, high-speed extrusion lines and state-of-the-art feed systems which have allowed HellermannTyton to increase its manufacturing capacity. The new site also gives the company the ideal combination of production space, warehouse storage, access to shipping docks, as well as innovative machinery. Barry Phelps, Commercial Sales Manager for HellermannTyton, comments: “We are delighted to announce that our new Plymouth site will be opening in July. This expansion has been made possible by the hard work and commitment of our dedicated team and we are keen to see the amazing work and solutions that will be created at our state-of-the-art new facility. “The expansion is also part of our decade-long plan to reinforce our status as the leading supplier of cable management solutions, and with this, comes our commitment to preparing the next generation of manufacturers,” said Barry. “The new investment means we can flourish as a local employer; creating nearly 100 new jobs and providing a training academy and research and development labs to give a boost to both the local economy and the future of cable management solutions.” As a global manufacturer that offers high-performance fastening, connecting, protecting, and identifying cable solutions, HellermannTyton works with a diverse range of industries and key manufacturing processes at the factory have been implemented to create solutions for a multitude of industries such as aerospace, solar and electrical. Building, Design & Construction Magazine | The Choice of Industry Professionals
Darren Freed has joined Prologis UK as a Director within the Real Estate and Customer Service team in a newly created role for the company. He joins the UK’s leading owner, developer and investor of logistics property with 20 years of experience in asset and fund management. Previously employed by Aviva Investors as a Director of Real Assets, Darren successfully repositioned assets totalling £2bn assets under management across Aviva Investors’ real estate business. Specialising in commercial real estate development and JV stakeholder management, he was previously responsible for managing a range of asset classes in UK real estate and running a team of asset managers across a variety of funds. His new role will create and execute strategies to maximise income and capital returns and his experience will grow Prologis UK’s Asset Management team, with a focus on deployment of strategic business planning, placemaking, and value-add opportunities. Darren will also deploy these skills to ensure assets earmarked for redevelopment are capable of being converted to sites ready for capital deployment. This will target lifecycle asset management through repositioning older assets and working with the variety of stakeholders to drive occupancy, value, and NOI improvements. Prior to Aviva, Darren was formerly at Hammerson and JLL. Darren is a Member of the Royal Institution of Chartered Surveyors. Building, Design & Construction Magazine | The Choice of Industry Professionals