Commercial : Industrial News
Glencar announces the completion of two prime industrial and logistics units totalling 221,685 sq ft. for Baytree in Leeds

Glencar announces the completion of two prime industrial and logistics units totalling 221,685 sq ft. for Baytree in Leeds

Two units of 76,231 and 145,454 sq ft. were developed speculatively within the Stourton Industrial area approximately 3 miles southeast of Leeds City Centre. Glencar, a leading UK based construction company known for delivering high quality projects across various sectors, most notably in Logistics & Industrial, Life Sciences, Data Centres,

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Caddick Secures Green Light for £46m Ashton Park Industrial Scheme

Caddick Secures Green Light for £46m Ashton Park Industrial Scheme

Caddick has received outline planning approval from Wigan Council for its Ashton Park development, a 360,000 sq ft industrial scheme set to bring a £46m boost to the local economy. Situated off Lockett Road in Ashton-in-Makerfield, the 19-acre site sits at the edge of the South Lancashire Industrial Estate, offering

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Green Light for TN2 Gateway: £135m Logistics Hub Breaks Ground in Tunbridge Wells

Green Light for TN2 Gateway: £135m Logistics Hub Breaks Ground in Tunbridge Wells

Scannell Properties and Royal London Asset Management Property have secured final planning approval for TN2 Gateway, a state-of-the-art logistics and industrial development in Tunbridge Wells, Kent. Construction is now underway on the 33-acre scheme, which will deliver over 500,000 sq ft of high-specification warehouse space, including flexible office accommodation. The

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Units now under construction at Harrogate 47 development

Units now under construction at Harrogate 47 development

Opus North and Bridges start on site to speculatively develop 106,000 sq. ft. of highly sustainable business units, as part of a scheme that could support 2,000 jobs Opus North and Bridges Fund Management (“Bridges”) have begun construction of the Harrogate 47 sustainable employment development in North Yorkshire.  These works

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M7 acquires Manchester industrial estate from Network Space Developments for £47 million in first transaction for newly formed Oxford Properties and AustralianSuper joint venture

M7 acquires Manchester industrial estate from Network Space Developments for £47 million in first transaction for newly formed Oxford Properties and AustralianSuper joint venture

The joint venture’s first acquisition comes days after the announcement of the €840 million pan-European logistics partnership managed by M7 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces the acquisition of Broadheath Network Centre in Greater Manchester for £47 million, from Network Space Developments. The acquisition is the

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Latest Issue
Issue 327 : Apr 2025

Commercial : Industrial News

Hathaway and Building Systems UK deliver a sustainable external envelope solution at Arc 500, Birkenhead

Hathaway and Building Systems UK deliver a sustainable external envelope solution at Arc 500, Birkenhead

Hathaway are delighted to collaborate with Building Systems UK to design, supply and install, the external envelope package for the new speculative logistics and distribution facility on behalf of Tungsten Properties on the banks of the River Mersey, Birkenhead, Merseyside. Hathaway is a leading company in the UK specialising in the design, manufacturing, and installation of roof and wall cladding systems, with a shared commitment to shaping the future of sustainable building practices. Building Systems UK, a Tata Steel enterprise, offers comprehensive building envelope solutions for the construction industry. Their services include the provision of insulated roof and wall panels and site assembled systems, profiles, structural roof and floor decking, as well as market leading steel processing services. ARC 500, the largest distribution and production unit in Merseyside, is a new 494,750 sqft facility designed to accommodate large-scale logistics operations. Its strategic location offers excellent access to the M53 motorway and the Port of Liverpool, making it an ideal choice for businesses seeking a well-connected hub. Appointed by Winvic Construction Ltd as part of the delivery team, Hathaway and Building Systems UK were committed to ensuring ARC 500 is constructed as a net zero carbon facility. The project aimed and achieved significant environmental, social, and governance (ESG) credentials, including a BREEAM Excellent rating and an EPC A+ target, adding a valuable economic asset to the ARC 500 Birkenhead Freeport. Hathaway have successfully collaborated with Winvic to deliver a number of net zero and low carbon projects. These projects have been assessed in line with the Royal Institute of Chartered Surveyors (RICS) Whole Life Carbon Assessment for the Built Environment (Edition 1) and the UK Green Building Council’s (UKGBC) 2019 net zero Carbon Framework Definition. As an original founding member of Winvic’s Green Supply Chain, Hathaway takes pride in contributing to sustainable building practices. As part of the Green Supply Chain, Hathaway works closely with Winvic to develop innovative and sustainable product solutions, through engagement with our valued supply chain, with a focus on carbon reduction and energy-efficient materials. The primary objective is to minimise the embodied carbon emissions across the entire lifecycle of projects. The sustainable choice in Building Systems UK As the key supplier for the ARC 500 project, Building Systems UK, provided a complete building envelope solution.  This included Trisobuild® site assembled roof and wall systems featuring a newly developed profile specifically designed for the office areas of the building. The core mission of Building Systems UK is to “shape the future of sustainable buildings,” and they achieve this by prioritising transparency and thorough environmental reporting. The company operates an Environmental Product Declaration (EPD) program, allowing the generation of project-specific EPDs that are tailored to meet unique project specifications and requirements. This capability sets Building Systems UK apart, providing them with unmatched product environmental reporting. In addition to their comprehensive EPD program, Building Systems UK holds Responsible Sourcing certification under the BES 6001 standard. This certification, combined with their ability to produce customised EPDs, solidifies Building Systems UK as a sustainable supplier of choice for construction projects. Their commitment to environmental transparency and responsible sourcing significantly contributes to achieving sustainability goals, such as obtaining credits for a BREEAM Excellent rating, which was targeted for the ARC 500 project. This highlights how Building Systems UK’s practices not only align with, but actively support, high sustainability standards in modern construction. Driving Down Emissions Building Systems UK’s manufacturing facility in Shotton, North Wales, is located just 15 miles from the ARC 500 project site, showcasing commitment to local procurement and material supply. This proximity not only bolsters the local economy but also significantly reduces delivery emissions, aligning with the project sustainability goals. To further decrease carbon emissions and support the transition to net zero construction, freight deliveries for the project were conducted using bio-fuelled vehicles. Switching to Hydrotreated Vegetable Oil (HVO) fuel for these deliveries resulted in a significant reduction in CO2 emissions compared to traditional fossil fuel diesel. Additionally, Hathaway supplied HVO fuel for on-site plant and machinery, which can help reduce associated emissions by up to 90%. Hathaway’s commitment extends to minimising their carbon footprint and reducing associated scope emissions. They work collaboratively with supply chain partners to ensure that the project’s sustainability targets are met, demonstrating a proactive approach in advancing the construction industry towards more environmentally responsible practices. Preserve Our Timber – Reduce, Reuse, Recycle Hathaway and Building Systems UK are committed to minimising the environmental impact of their business operations. Recognising wood as a valuable natural resource, we understand that the current rate of deforestation is unsustainable. To address this issue, it is crucial to adhere to the principles of the waste hierarchy, focusing on reducing, reusing, and recycling materials throughout operations. In collaboration with their supply chain partners, Hathaway has implemented several wood reuse initiatives to reduce waste sent to landfills and preserve timber resources. Examples of these initiatives include a wooden bearer take-back scheme in partnership with Building Systems UK and a pallet return service. These programs aim to extend the life cycle of wood products, promoting sustainability and supporting efforts to conserve natural resources. For any remaining waste wood or timber that cannot be reused, Hathaway has partnered with Community Wood Recycling, a UK-wide social enterprise that has been in operation since 1998. Community Wood Recycling collects waste wood from companies, creating reclaimed timber stores. These stores support the sale of bespoke wooden products and provide training and development opportunities for unemployed and disadvantaged individuals. Hathaway is pleased with its proactive collaboration with its valued supply chain partners to ensure that wood is diverted from landfills and instead reused or repurposed. The exceptional work carried out by Community Wood Recycling not only helps reduce waste and conserve natural resources but also has a positive social impact by offering skills development and employment opportunities. Hathaway is proud to support and promote this initiative, recognising its significant environmental and social benefits. Promoting and Leading on New Innovations New innovations and technologies are essential in

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Peel Waters site deemed critical for the country’s future as development receives unanimous approval

Peel Waters site deemed critical for the country’s future as development receives unanimous approval

Salford City Council have approved plans for a £250m data centre at Peel Waters’ Halo West site, in Salford, Greater Manchester. Peel Waters had previously secured planning permission to redevelop the six-acre industrial site in July 2024, since the planning was granted, they have worked jointly with Digital Land & Development on the planning for the much-needed data centre. The site of the approved data centre is located between Eccles and Irlam, off Liverpool Road, just north of Salford Community Stadium and will directly address the digital infrastructure needs of the UK, making the development ‘critical’ for the country’s future. For the UK to maintain its position as a global leader in technology, the country is now in need of significant levels of new data centre capacity. The buildings have been designated as ‘critical national infrastructure’ by the UK government – the same status given to energy and water systems. Data increasingly underpins every element of modern life as the world undergoes a digital transformation. Data centres work as a physical storage space for online information, used for websites, applications, and digital services. The data centre at Halo West will generate the power to support this as well as being a huge boost for technology in the city. The approved data centre feature 12,000 sq. ft of offices, a 56,000 sq. ft data hall, and 63,500 sq. ft of plant. The streetscape views will also be improved for passersby whilst also helping screen the development from adjacent properties, with a significant green buffer being created with new planting along the boundary as well as creating new habitats for wildlife across the site and improving local biodiversity. The data centre development will ensure it is fit for a low carbon future with the use of sustainable materials, application of energy efficient and circular design principles. Reduced water consumption and sustainable drainage as well as the potential to include heat reclaim and export for future district heating have all been designed into the approved scheme. Prioritising sustainable and active means of travel have also been included, with the provision of secure sheltered cycle parking spaces exceeding Local Authority Standards. The £250m investment from Digital Land & Development will act as a significant catalyst within ‘City Gateway’ which includes Port Salford and the Salford Community Stadium and is an area which both Peel Waters and the council have earmarked for further significant regeneration. Peter Linstead, Development Director for Land and Logistics at Peel Waters said: “We’re really pleased that Salford City Council have recognised the need for this development at our Halo West site. Receiving unanimous approval from the planning committee demonstrates clear alignment between the public and private sector to bring forward innovative growth opportunities and deliver much-needed technological infrastructure within the region. We look forward to now the delivery of this development and the significant investment it will bring with it to the area.” Johnny Conway Director at Digital Land & Development added: “Digital Land & Development are excited to be bringing the site forward for a next generation data centre as one of a number of projects across the UK, which given the increasing pace of data processing is driving the necessary requirement for the data centre facilities that house and support this need. We would like to thank Salford City Council for approving this development which will be crucial for the UK to maintain its position as a global leader in technology.”  Building, Design & Construction Magazine | The Choice of Industry Professionals

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Panattoni bolsters Doncaster Sheffield Airport re-opening with major developments in the region

Panattoni bolsters Doncaster Sheffield Airport re-opening with major developments in the region

Panattoni, the world’s largest privately owned industrial developer, has announced that it is proud to support the government’s reopening of Doncaster Sheffield Airport in spring 2026 and the exciting tie up with Munich Airport International GmbH (MAI) as part of the £1.7bn South Yorkshire Airport City initiative to boost the region’s logistics and supply chain infrastructure. Panattoni Doncaster 420, located on an 18.4-acre site adjacent to the airport, is now immediately available, offering 418,276 sq ft of grade A industrial and logistics space in one of the UK’s most established distribution locations. The site is the largest single-unit speculative build in South Yorkshire, and its immediate proximity to the airport, the M1, M18, and A1[M], as well as the iPort rail freight terminal, means it is perfectly positioned to enhance connectivity and drive economic growth in the region, providing unrivalled access to global consumer and industrial markets. The facility offers a great opportunity for cargo operators to base themselves next to the airport, which will allow them to have faster delivery times, reduce operational costs and work more efficiently. Dan Burn, Head of Development, North West and Yorkshire at Panattoni, said: “The reopening of Doncaster Sheffield Airport will provide significant opportunities for businesses across Yorkshire and the wider region to expand their operations and access global markets. “Our adjacent development, Panattoni Doncaster 420 demonstrate our commitment to the region and freight operators a great base with immediate occupation.” Ros Jones, Mayor of Doncaster, said: “Reopening our airport is my number one priority and today’s announcement is an important day for Doncaster having reached another significant milestone. This major announcement that I am making today enables us to press ahead with the necessary airport mobilisation activity to see the airport – which I proudly call the people’s airport – to reopen in Spring 2026.” Panattoni leasing agents on the scheme are CPP, Colliers and Cushman & Wakefield. For more information please visit Panattoni Doncaster 420. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Glencar announces the completion of two prime industrial and logistics units totalling 221,685 sq ft. for Baytree in Leeds

Glencar announces the completion of two prime industrial and logistics units totalling 221,685 sq ft. for Baytree in Leeds

Two units of 76,231 and 145,454 sq ft. were developed speculatively within the Stourton Industrial area approximately 3 miles southeast of Leeds City Centre. Glencar, a leading UK based construction company known for delivering high quality projects across various sectors, most notably in Logistics & Industrial, Life Sciences, Data Centres, Commercial, Film Studios & Leisure, Ports and Civils, has today announced that is has completed construction of two prime industrial & logistics units of 76,231 and 145,454 sq ft. for Baytree, a leading pan-European developer of logistics buildings. The units, completed in 58 weeks, boast an enhanced specification and are built to BREEAM ‘Outstanding’, EPC A, and WELL Ready standards. Unit 1, at 76,231 sq ft. benefits from 12.5M clear internal height, 8 dock level loading doors, 2 level access loading doors, 500 KVA power supply, 10 cycle spaces, 92 car parking spaces, 50 KN floor loading together with 8,105 SF of office accommodation. Unit 3, at 145,454 sq ft. benefits from 15M clear internal height, 15 dock level loading doors, 3 level access loading doors, 37 HGV parking spaces, 20 cycle spaces, 171 car parking spaces, 50KN floor loading, 800 KVA power supply together with 9,698 SF of office accommodation. Both units incorporate a range of advanced technology, ESG, and user health and wellbeing features, including: Designed with flexibility for future change Technology Enabled Health & Wellbeing of building users   Clean Air, Water, Soil and Energy   Speaking about the development Glencar Managing Director Midlands and North Peter Goodman said: “Baytree Leeds serves as an exemplar Industrial & Logistics development designed to be at the very leading edge of technology, ESG and User Health and Wellbeing enabled features with building usage and user requirements firmly in mind. As the third development we have delivered to date for Baytree we are proud to be a trusted delivery partner and to now include this cutting edge, technology driven sustainable development into our ever expanding I&L project portfolio.  Once again I would like to take my hat off to the exceptional team and partners that worked on this project and we look forward to working with Baytree again very soon” Also Commenting Glencar Director of ESG James Scott said: “It has been an honour to contribute to the design and development of Phase 1 of this scheme and to deliver two of the first BREEAM Outstanding warehouses built speculatively in Leeds. It’s also fantastic to see the ‘Baytree Edge – Innovation at work’ concept once again in evidence and the rich array of technology enabled efficiencies, flexibility by design, health and wellbeing and clear air, water, soil and energy features. As leaders in this space, Baytree allows us all to get ahead of regulation and future proof our customers businesses”. Also commenting Casey Ferguson, development manager at Baytree, said “We are proud to announce the practical completion of phase 1 at Baytree Leeds, our latest best-in-class logistics scheme. This development marks a significant milestone as the first BREEAM Outstanding speculative development in the north of England, setting a new benchmark in ESG for the region. The scheme also provides some much-needed speculative development in a prime Leeds location just 1 mile from both the M1 and M621 junctions. Given the location and leading-edge specification, we are confident this will attract a lot of interest from our customers.” Baytree Leeds has a strategic significance due to its proximity to Junction 7 of the M621 motorway, located immediately to the north-west which links into the M62 for destinations north and west, and to the M1 motorway heading south. The A639 trunk road provides a link through to Junction 44 of the M1 motorway approximately half a mile to the east. The M1 motorway (north) provides links through to North Yorkshire and the North East of England. Major occupiers close by include Royal Rail, Sheffield Insulation Group, Tuffnells Express Parcels, ARLA Foods, CEMEX, Kloeckner Metals, Steaper Group and First Direct. The Leeds Rail Freight Terminal lies immediately to the north of the site and a purpose-built Royal Mail depot is immediately to the east. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Caddick Secures Green Light for £46m Ashton Park Industrial Scheme

Caddick Secures Green Light for £46m Ashton Park Industrial Scheme

Caddick has received outline planning approval from Wigan Council for its Ashton Park development, a 360,000 sq ft industrial scheme set to bring a £46m boost to the local economy. Situated off Lockett Road in Ashton-in-Makerfield, the 19-acre site sits at the edge of the South Lancashire Industrial Estate, offering excellent access to J23, 24, and 25 of the M6, as well as key transport links across the region. Designed with flexibility in mind, the scheme can accommodate either a single large unit or multiple smaller units, with a large power supply and height parameters of up to 18 metres. Targeting the manufacturing and logistics sectors, Ashton Park is expected to generate around 700 skilled jobs, including 400 construction roles and a strong focus on apprenticeships. The development also prioritises sustainability, aiming for a BREEAM Excellent certification. Plans include EV charging facilities, a solar-panel-ready roof, battery storage, and air source heat pumps, reinforcing Caddick’s commitment to green building practices. With its prime location near public transport routes, the scheme encourages sustainable commuting. Facilities such as showers, drying rooms, and cycle storage will further support employees who choose to run or cycle to work. Tom Park, Associate Director at Caddick, commented: “We are incredibly pleased that Wigan Council has recognised the importance of this site by granting outline planning consent. Ashton Park has the potential to drive tens of millions of pounds in local investment, addressing the significant demand for sustainable industrial space in the North West. “The development offers substantial scale and is strategically positioned within the prime M6 corridor—an area that has been undersupplied for years. The high level of occupier interest we’re seeing reflects this ongoing demand.” This approval follows Caddick’s successful completion of the first phase of a 544,000 sq ft logistics hub at Farington Park, where its construction division is now delivering a fit-out for anchor tenant Victorian Plumbing. For more details on Ashton Park, search reference number A/24/97381/OUTMAJ on Wigan Council’s planning portal. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Green Light for TN2 Gateway: £135m Logistics Hub Breaks Ground in Tunbridge Wells

Green Light for TN2 Gateway: £135m Logistics Hub Breaks Ground in Tunbridge Wells

Scannell Properties and Royal London Asset Management Property have secured final planning approval for TN2 Gateway, a state-of-the-art logistics and industrial development in Tunbridge Wells, Kent. Construction is now underway on the 33-acre scheme, which will deliver over 500,000 sq ft of high-specification warehouse space, including flexible office accommodation. The development comprises nine adaptable units, ranging from 23,000 to 175,000 sq ft, catering to businesses of all sizes looking to establish a foothold in the region. A Prime Location for Business Growth Strategically positioned adjacent to Kingstanding Business Park, TN2 Gateway benefits from easy access to the A21, offering seamless connectivity to the M25, London, and key southern transport hubs, including the Channel ports of Dover and Medway. Sustainability at Its Core Aligning with Scannell and Royal London Asset Management Property’s commitment to sustainable investment and development, the scheme is targeting BREEAM Outstanding and EPC A+ ratings. Green initiatives include: In addition to its eco-friendly design, TN2 Gateway will feature extensive landscaping to create a workspace that enhances employee wellbeing and biodiversity. Wildflower meadows, a pond, new tree planting, and green buffer zones will help blend the development seamlessly into the local environment. A Boost for Local and National Businesses With an estimated post-development gross development value (GDV) of £135m, TN2 Gateway is set to become a key commercial hub in an area historically underserved by mid-sized industrial units. Simon Borthwick, UK Development Director at Scannell Properties, commented:“TN2 Gateway will be the only business park in the region offering ‘mid-box’ warehouse units, a sector experiencing significant demand. Its prime location, excellent transport links, and strong sustainability credentials are already attracting interest from both local and national businesses.” Next Steps Following the site acquisition in June 2024, construction has now begun, with the first units set for occupation in Q1 2026 and full completion expected later that year. McLaren has been appointed as the main contractor, while JLL and Glenny will act as joint letting agents. Lichfields advised on all planning matters. With its cutting-edge design, prime location, and strong environmental credentials, TN2 Gateway is set to redefine the logistics landscape in Tunbridge Wells and beyond. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Targeting exceptional returns from 147 MW data centre development opportunity

Targeting exceptional returns from 147 MW data centre development opportunity

Tritax Big Box REIT plc (“Tritax Big Box” or “the Company”) has recently purchased a 74-acre site at Heathrow, London within the Slough Availability Zone, a key FLAP-D prime EMEA data centre location (the “Manor Farm site”). Simultaneously, the Company has acquired a 50% share in a joint venture (“the JV”) with a leading European renewable and low carbon energy power generator (“the JV Partner”). The JV enables accelerated power delivery to the Manor Farm site using pre-existing grid connection agreements. The acquisition of an interest in the JV constitutes a related party transaction for the purposes of the UK Listing Rules, further details of which are set out below.  Subject to receiving planning consent, the acquisition of the land and stake in the JV facilitates an accelerated timeline to the potential delivery of up to 147 Megawatts (“MW”) of power to support the development of a major data centre scheme at Manor Farm.   In addition, Tritax Management LLP (“Tritax Management” or “the Manager”), working with the JV partner, has created a further pipeline of potential data centre opportunities in key locations within the UK utilising power availability of c.1 gigawatt (“GW”). A prime location for a latest generation data centre of significant scale  Targeting exceptional returns and accelerated timeline with 9.3% yield on cost  and significant development profits  Tritax Management has created a potential data centre pipeline of up to 1 GW  An attractive market at a key inflection point, underpinned by long-term demand drivers and scarcity of powered land Contractual arrangementsThe land at Manor Farm is being acquired from Airport Industrial Property Unit Trust  (“AIPUT”). The JV stake is being acquired from Tritax Management. All return related figures in this announcement are presented net of the following consideration and fees payable to AIPUT and Tritax Management as outlined below: Aubrey Adams, Chairman of Tritax Big Box, commented“This is a decisive and exciting first step for the Company in the very attractive data centre market which the Manager has unlocked with its power and real estate capabilities. This gives the Company a considerable competitive advantage in capturing the growing demand for data centre infrastructure. The combination of Manor Farm’s prime London location and accelerated access to critical grid connection agreements creates the opportunity to develop quickly one of the UK’s largest data centres and deliver exceptional returns for our shareholders. “Over the past four years, the Manager has independently developed and invested in its power capabilities, securing a joint venture arrangement with one of Europe’s largest major renewable and low-carbon energy generators which the Company is now acquiring at Manor Farm. This provides accelerated access to power in this prime data centre location, where a lack of power has significantly restricted the development of these nationally critical infrastructure projects. Having taken extensive and independent professional advice, the Board of Tritax Big Box has successfully negotiated preferential access and terms for this opportunity, which generates exceptional returns and complements our logistics development pipeline. The Board has also negotiated a right of first refusal with the Manager for all future data centre opportunities with up to c.1 GW of power capacity.”  [1] Source: McKinsey & Company [1] AIPUT is an independently owned Jersey Property Unit Trust managed by Tritax Management LLP which, for the avoidance of doubt does not form part of the Manager’s group, and therefore, is not a related party of the Company for the purposes of the UK Listing Rules. The independent unit holders of AIPUT approved the sale of land at Manor Farm to the Company via a vote. [1] AIPUT will receive 30% of the real estate and battery storage related profits equivalent to 21% of total Phase 1 profits. [1] The development management fee is payable by reference to different milestones, with 3.5% payable in quarterly instalments contingent and commencing from the grant of satisfactory planning permission and 1.5% payable following the later of the date of grant of satisfactory planning permission and the date of exchange of an acceptable pre-letting agreement. [1] The Phase 1 profit in respect of the above contingent profit share arrangements is calculated as the fair value of the asset base at the time of completion (as confirmed by an independent valuer) less all associated costs. [1] Subject to a 12 month lock up arrangement. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Units now under construction at Harrogate 47 development

Units now under construction at Harrogate 47 development

Opus North and Bridges start on site to speculatively develop 106,000 sq. ft. of highly sustainable business units, as part of a scheme that could support 2,000 jobs Opus North and Bridges Fund Management (“Bridges”) have begun construction of the Harrogate 47 sustainable employment development in North Yorkshire.  These works will deliver new flexible business units totalling more than 106,000 sq. ft. of high-specification Grade A space, with a focus on sustainability. The units are expected to complete in Autumn 2025. The partners will speculatively develop two terraces of flexible business units from 5,540-12,188 sq. ft., as well as three detached units from 10,200-21,600 sq. ft. Access and infrastructure works for this major new mixed-use employment scheme are now complete, allowing delivery of the first units on site. The appointed contractor is Stainforth Construction. The units are situated on a 45-acre site near Harrogate at J47 of the A1(M) in North Yorkshire, which in total comprises more than 600,000 sq. ft. of employment space for industrial, logistics, hi-tech and  office uses, as well as amenity uses, within a landscaped environment. Planning permission was secured from Harrogate Borough Council for the low-carbon scheme, which is targeting BREEAM ‘Excellent’ and has the potential to support 2,000 jobs. The site is close to a number of North Yorkshire towns including Knaresborough, Harrogate and York, with motorway links to access Leeds, Hull and Sheffield via the M1 and M62. Ryan Unsworth, Joint MD, Opus North said: “Seeing construction of the units get underway at Harrogate 47 is a great way to start the year. Our innovative scheme has been designed with energy efficiency in mind to offer sustainable, high-quality property solutions for businesses.” Henry Pepper, Partner, Bridges Fund Management, said: “This well-connected development on the A1(M) corridor will support economic growth and job creation in the local area. Our plan is to develop sustainable units that will be highly attractive to a range of regional or national occupiers looking for cost-efficient, future-proofed employment space. We are delighted that construction can now begin on the units.” Opus North is recognised as one of the most active and successful developers in Yorkshire, with extensive development delivery experience.  Bridges Fund Management invests in the transition to a more sustainable and inclusive economy. It specialises in property solutions that help to create jobs, reduce carbon emissions and regenerate brownfield land. North Yorkshire Council’s executive member for open to business, Cllr Mark Crane, said: “This is a very welcome investment in mixed use business accommodation in North Yorkshire. It’s in a prime location to boost employment in the county and encourage economic growth across a range of sectors. We look forward to seeing the development take shape and hearing about the businesses that will eventually occupy the site.” Appointed agents for Harrogate 47 are CBRE and Gent Visick. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Panattoni acquires strategic 11.8-acre site for prime logistics hub in Bognor Regis

Panattoni acquires strategic 11.8-acre site for prime logistics hub in Bognor Regis

Panattoni, the world’s largest privately owned industrial developer, has announced the acquisition of an 11.8-acre site in Bognor Regis, marking its fourth strategic land purchase in the South Coast region in the past two years, following acquisitions in Crawley, Burgess Hill, and Brighton, all along the M23 corridor. Amid a scarcity of land for new developments and the growing trend of repurposing older Grade B facilities, this new site aims to address the significant mismatch between supply and demand in the South Coast region. Purchased from Hanbury Developments, the site will form part of Panattoni’s expanding mid-box development programme, designed to target undersupplied markets with sustainable and versatile logistics solutions. Located adjacent to established units occupied by Amazon and Rolls Royce, the site offers access to 3.8 million unique addresses within a 50-mile radius. This proximity, combined with excellent transport links via the A29 dual carriageway, positions the development as a key logistics hub for businesses. Plans have been submitted for the speculative development, with construction expected to commence in June 2025 and completion anticipated in Q3 2026. The site will host three industrial units measuring 30,534 sq ft, 58,328 sq ft, and 111,137 sq ft, with a combined footprint of 200,000 sq ft, offering exceptional flexibility to accommodate diverse tenant needs. Sustainability remains a key focus for Panattoni, with the logistics park targeting a BREEAM ‘Excellent’ rating and an EPC ‘A’ energy efficiency standard. Key features include roof-mounted solar photovoltaic (PV) systems, rainwater harvesting, 15% rooflights to maximise natural daylight, and electric vehicle charging points. These initiatives demonstrate Panattoni’s focus on reducing environmental impact while enhancing operational efficiency. David McGougan, Development Director at Panattoni commented on the news, saying: “The acquisition of this prime site in Bognor Regis is a step forward in delivering our South Coast strategy, offering strategically located logistics solutions in unsupplied market. Situated in a prime Sussex location with access to millions of consumers, this development offers an exceptional opportunity, combining cost-efficient units for future tenants.   “As part of the strategy this will be our fourth acquisition in the last two years, developing our mid-box speculative portfolio in the South Coast, we commit to continuing our mid-box developments with further acquisition in the near future.” Panattoni was advised by LSH on the acquisition of the Bognor Regis site, while Hanbury Developments was represented by SHW. Building, Design & Construction Magazine | The Choice of Industry Professionals

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M7 acquires Manchester industrial estate from Network Space Developments for £47 million in first transaction for newly formed Oxford Properties and AustralianSuper joint venture

M7 acquires Manchester industrial estate from Network Space Developments for £47 million in first transaction for newly formed Oxford Properties and AustralianSuper joint venture

The joint venture’s first acquisition comes days after the announcement of the €840 million pan-European logistics partnership managed by M7 M7 Real Estate (“M7”), the pan-European investor and asset manager, announces the acquisition of Broadheath Network Centre in Greater Manchester for £47 million, from Network Space Developments. The acquisition is the first undertaken by M7 on behalf of the newly formed pan-European industrial & logistics joint venture between Oxford Properties, a leading global real estate investor, developer and manager, and AustralianSuper, Australia’s largest superannuation fund. The joint venture, which is named the European Supply Chain Income Partnership (“ESCIP”), is aiming to build a €4.5 billion portfolio in the next three to five years and was formed through the acquisition by AustralianSuper of a 50% stake in Oxford’s c. €840 million industrial & logistics portfolio and its M7 platform. The joint venture is expected to complete at the end of Q1 of 2025 and is conditional, amongst other things, on customary regulatory approvals. The c. 206,000 sq ft prime, new, multi-let industrial estate was recently developed by Network Space Developments who acquired the site in 2021 ahead of building out the facility which now comprises 25 high-specification units ranging in size from 2,080 sq ft to 41,738 sq ft. Broadheath Network Centre was constructed using recycled steel and concrete, and includes EV charging points which alongside a number of other environmental initiatives have led to its BREEAM ‘Very Good’ and EPC ‘A’ ratings. The estate is currently 66% let with key occupiers including Maersk, National Trust, Options Greathire, Xpand Logistics, Socotec and Torque Golf. M7 will undertake an active asset management strategy to lease up the remaining vacant space and drive the income profile of the asset. Strategically located in Altrincham, an established logistics hub in Greater Manchester, Broadheath Network Centre benefits from direct access to the M56, M60 and M6 motorways, as well as its proximity to Manchester Airport, enabling both local and national distribution. David Ebbrell, CEO M7 Real Estate, said: “This acquisition is our first investment on behalf of the newly formed European industrial & logistics strategic partnership with Oxford and AustralianSuper announced earlier last week. To have concluded this transaction so soon after agreeing that joint venture underlines the strong ambitions we all have to grow the ESCIP platform. The Broadheath Network Centre typifies the type of asset we want to add to this portfolio, being a prime last-mile asset in a high growth urban logistics location within a strong and affluent regional city. We now look forward to leveraging the M7 team’s asset management expertise, building on the leasing momentum already achieved by Network Space Developments, to let up the remaining vacant space.  At the same time, we are actively pursuing high-quality urban logistics assets in key European markets, aiming to capitalise on robust occupier demand.” Alicia Peters, Vice President of Logistics & Residential, Oxford Properties, added: “This transaction, coming days after the formation of the joint venture with AustralianSuper, is a real statement of intent as we look to grow ESCIP into a leading, €4.5 billion, pan-European logistics portfolioover the next three to five years. We believe this is an attractive moment in the cycle to deploy capital into European logistics and our high conviction investment strategies.” Stephen Barnes, NSD Managing Director, said: “We are delighted to have sold Broadheath Networkcentre to M7 and Oxford. Completed in March this year, the scheme is already 66% let including two further lettings completed in recent weeks, achieving a new headline rent – a testament to the quality of the scheme, its location, design and sustainability credentials. The scheme’s delivery is the result of a well-established and successful partnership between ourselves, Trafford MBC who have provided debt finance, and the principal contractor Bansco. “The sale process with M7 and Oxford has worked incredibly smoothly – a result of our preparedness and the hard work and dedication of both our corporate teams, led by Dan Adamson, together with M7 and Oxford’s teams. We wish to thank all those involved for ensuring a swift and successful conclusion.” M7 Real Estate was represented by Savills, Jones Day, Deloitte, TFT Consultants and Nova Ambiente. Network Space was represented by B8RE, Gateley and Grant Thornton. Building, Design & Construction Magazine | The Choice of Industry Professionals

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