Commercial : Industrial News
McLaren to deliver next phase of Horizon 29

McLaren to deliver next phase of Horizon 29

McLaren Construction has commenced works to deliver Phase 2 of the industrial and distribution hub, Horizon 29, in Bolsover, Derbyshire, have commenced. Horizon 29 is a new landmark distribution development located one mile from Junction 29A of the M1. Once fully complete, it will span 1,150,256 sq. ft and have

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Stud Brook Business Park striving for excellence

Stud Brook Business Park striving for excellence

Clowes Developments have assembled a first-class team to deliver quality warehouse and industrial units at Stud Brook Business Park in Castle Donington. Clowes, together with their team have the expertise to develop units to satisfy small to medium sized businesses but also have the ability to deliver projects on a

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Caddick starts on site at Trafford Park’s new distribution facility

Caddick starts on site at Trafford Park’s new distribution facility

Caddick has been appointed by Trebor Developments on behalf of The Prudential Assurance Company and M&G Real Estate to build Ark 42, a new 42,593 sq. ft industrial and logistics development at Trafford Park Road, Trafford Park. Work on the speculative development is now underway following a groundbreaking with project

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Glencar announces completion of multi-unit logistics hub development for Chancerygate in Dagenham

Glencar announces completion of multi-unit logistics hub development for Chancerygate in Dagenham

Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that is has completed the construction of 14 new industrial/warehouse units for its repeat customer: urban logistics property developer and asset manager, Chancerygate at its Dagenham Logistics Hub development in Dagenham, London.

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Croydon development sets new standard for logistics property excellence

Croydon development sets new standard for logistics property excellence

Prologis UK, a leading owner, developer and investor of logistics property, is expanding its development in Croydon, South London. Working with leading main contractor, Winvic Construction, groundworks have been completed on four new market-leading units at Prologis Park Beddington. Ranging from 15,000 to 46,000 sq. ft., the latest expansion phase

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Newlands Property Group Expands Logistics Portfolio with Strategic Acquisition of Equites Property Fund's UK Assets

Newlands Property Group Expands Logistics Portfolio with Strategic Acquisition of Equites Property Fund’s UK Assets

Newlands Property Group Limited (NPGL) has successfully completed the acquisition of Equites Property Fund’s interests in the Equites Newlands Group Limited development platform. This strategic move includes the acquisition of Special Purpose Vehicles (SPVs) linked to key logistics projects in Cambridge, Rushden, Northampton, and additional sites in Egham, Peterborough, and

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Latest Issue
Issue 325 : Feb 2025

Commercial : Industrial News

McLaren Construction Midlands and North to deliver multi-million phase of sustainable industrial hub in Bristol

McLaren Construction Midlands and North to deliver multi-million phase of sustainable industrial hub in Bristol

Works have commenced on Plot 3 of the mixed-use industrial scheme, Matrix 49, in Avonmouth, Bristol. Delivered by McLaren Construction Midlands and North, on behalf of clients BGO Wire PropCo Ltd and Equation Properties, the £21.6million 13-acre plot will be situated on the 65-acre site of Matrix 49, continuing the transformation of the current site into prime industrial, logistics and office space. Bounded to the south by Holloway Road, and to the east by Lanson Roberts Road, the development is situated in a prime location next to the M49 motorway and mainline railway line to the north. Once complete, the units and office space will provide speculative future clients with sustainable premises, for businesses working towards net zero targets. Planned works include procuring the infrastructure and warehouse unit together with a 219,660 sq. ft warehouse, alongside the construction of 11,365 sq. ft of office space, a control tower and a gatehouse. McLaren Construction is also providing associated external works, hard standings, car, HGV and motorcycle parking with over 200 spaces, road landscaping, loading docks, level access and drainage. Key complex aspects of the build include a rhine diversion and a suspended ground floor slab. Archaeological investigation works have now completed on Plot 3, as have clearance works to remove existing topsoil and vegetation, infill and divert existing rhines, and import clean, inert and tested material to the site, which were laid in layers to raise the existing levels. Works are expected to take 42 weeks in total and once complete, Plot 3 is on target to achieve a BREEAM Excellent rating.  McLaren Construction Midlands and North have been working closely with the ecological site team to ensure the protection of the water vole population which have been located in the Redwick Common and Cranmoor Rhines. Gary Cramp, managing director of McLaren Construction Midlands and North, said: “We’re pleased to be working alongside our client and associated contractors to deliver the next phase of this vital sustainable industrial scheme in Avonmouth. “The development includes unique elements which the team are well equipped for, and we have also identified challenges with the ground conditions and water management which we are fully prepared for as part of our strategy. Once complete, the units and office space will provide speculative future clients with sustainable premises, for eco-conscious businesses working towards their net zero targets.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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McLaren to deliver next phase of Horizon 29

McLaren to deliver next phase of Horizon 29

McLaren Construction has commenced works to deliver Phase 2 of the industrial and distribution hub, Horizon 29, in Bolsover, Derbyshire, have commenced. Horizon 29 is a new landmark distribution development located one mile from Junction 29A of the M1. Once fully complete, it will span 1,150,256 sq. ft and have a total of eight warehouses, delivered over three phases by our McLaren Construction (Midlands and North) division, on behalf of clients BGO Wire PropCo Ltd and Equation Properties. Phase 2 is the construction of two single-storey base build distribution warehouses. Units 7 and 8 will be 249,995 sq. ft and 249,866 sq. ft respectively, and each will include a two-storey office, with associated mechanical and electrical installations, 23 loading docks and a transport office. The team will deliver earthworks, CMC and VSC piling, concrete foundations, steel framing and cladding, lift shaft and stair installations. All external works are also being undertaken by McLaren (Midlands and North) and include general hard standings, car-parking, landscaping, mains services and drainage. There will be cycle racks for 60 cycles per warehouse and a gate house. Sustainable features will include solar PVs, air source heat pumps, enhanced cladding, responsibly sourced sustainable materials, LED lighting, electric vehicle charging points, and bird and bat boxes. The units will be constructed to a BREEAM Rating of ‘Excellent,’ with an EPC ‘A’ Rating. Phase 2 has a 49-week build programme. Gary Cramp, managing director of McLaren Construction (Midlands and North), said: “Horizon 29 is going to be a premier distribution centre for Derbyshire and the wider East Midlands. It provides an ideal opportunity for tenants looking for direct and easy access to the M1 north and south. “Progressing on to Phase 2, we are building two more units at the site – and as with earlier phases – they will be highly energy efficient buildings, with the potential for the whole of the roofs to be used to gather energy from PV to not only power the units, but to put energy back into the National Grid. “We were pleased to be working alongside BentallGreenOak and Equation Properties for the next phase of this landmark scheme.” Phase 1A and 1B of Horizon 29 completed in February of this year, which comprised four warehouse units (units 1, 2, 4 and 5). Building, Design & Construction Magazine | The Choice of Industry Professionals

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Stud Brook Business Park striving for excellence

Stud Brook Business Park striving for excellence

Clowes Developments have assembled a first-class team to deliver quality warehouse and industrial units at Stud Brook Business Park in Castle Donington. Clowes, together with their team have the expertise to develop units to satisfy small to medium sized businesses but also have the ability to deliver projects on a national scale. A tried and tested professional services team made up of IMA Architects, lead construction contractor, TanRo, Millwards engineers, and employers’ agent, Postins Project Services will deliver the exceptional mixed-use development which will include industrial units ranging in size from 1,500 to 45,000 sq ft Stud Brook Business Park will also provide onsite convenient amenity which will benefit on site workforces and residents alike. Agents, FHP Property Consultants and NG Chartered Surveyors have been appointed to lead on the marketing of the site. A winning combination, indeed. TanRo are committed to achieving a BREEAM score of ‘Excellent’ and an EPC rating of ‘A’ across units 2-7 at Stud Brook Business Park on behalf of Clowes Developments in line with the group’s environmental, social and governance strategy. Some of the necessary steps to achieve these goals include providing enhanced recycling and waste storage solutions, installation of photovoltaic enhanced roofs with the ability to take full capacity of solar PV panels, electric vehicle charging points and a heavy investment in landscaping across the site. Units 2-7 will be delivered as Net Zero Ready with the capacity for occupiers to be Net Zero in Operation. James Richards, Development Director at Clowes Developments added, “Clowes are committed to delivering a first-rate business park in Castle Donington. The mixed-use development will bring a combination of employment & amenity, units to the area which we anticipate will boost the local economy and benefit the neighbouring residents with appropriate convenience offering.” Parties interested to learn more about the leasehold opportunities are invited to contact the sites agents, FHP Property Consultants and NG Chartered Surveyors. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Caddick starts on site at Trafford Park’s new distribution facility

Caddick starts on site at Trafford Park’s new distribution facility

Caddick has been appointed by Trebor Developments on behalf of The Prudential Assurance Company and M&G Real Estate to build Ark 42, a new 42,593 sq. ft industrial and logistics development at Trafford Park Road, Trafford Park. Work on the speculative development is now underway following a groundbreaking with project partners, Trebor Developments and project manager, JLL. The project will see Caddick deliver a BREEAM Excellent two-storey development, including 34,670 sq. ft of warehousing with 10m eaves. The contract will include the construction of two storeys of Cat A office space occupying 7,923 sq. ft of the building and parking provision with EV charging. Work is expected to reach completion in time for spring 2025 occupancy. The project adds to Caddick’s growing portfolio of projects across Trafford, which also includes Bruntwood and Trafford Council’s transformation of Stretford Mall and Glenbrook’s new £45m 199-home high-rise development, Lumina Village at the 12-acre former Kellogg’s site in Trafford Park. Caddick’s appointment to Ark 42 draws on the business’ wider experience in industrial and logistics development, which last year saw the completion of Farington Park in Lancashire where Victorian Plumbing are set to occupy 544,000 sq. ft. Dave Saville, Regional Managing Director of Caddick Construction North West, commented: “Our appointment to Ark 42 represents both our growth in the industrial and logistics sector and also our increasing footprint in Trafford, where there are some really exciting investments taking place. Being so well established in Manchester and the North West we have a network of local supply chain partners that we have engaged in our delivery of Ark 42.” Mark Wright, Partner of Trebor Developments commented: “Ark 42 is Trebor’s latest project for M&G Real Estate and Prudential Assurance Company. We’ve been impressed by Caddick’s approach to the contract and we look forward to seeing this high specification scheme emerge. Ark 42 is a rare opportunity in Trafford Park to see a new high quality, speculative B2/B8 building having first class environmental credentials.”  Jonathan Wiedemann, Head of North West Region, JLL, added: “It’s fantastic to bring this scheme to site and we look forward to working with Caddick and Trebor during the build.  Ark 42 is located in a prominent position, located in the heart of Trafford Park and within 5 miles of the city centre. We’re excited to see the scheme come to life over the coming months.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Glencar announces completion of multi-unit logistics hub development for Chancerygate in Dagenham

Glencar announces completion of multi-unit logistics hub development for Chancerygate in Dagenham

Glencar, a leading UK construction company that was recently ranked amongst Europe’s fastest growing businesses, has today announced that is has completed the construction of 14 new industrial/warehouse units for its repeat customer: urban logistics property developer and asset manager, Chancerygate at its Dagenham Logistics Hub development in Dagenham, London. Chancerygate sold the development to investment manager, Padrock in June 2022 The project saw the construction of 14 Grade A units in a range of sizes from 6,456 sq. ft up to 34,826 sq. ft. in a single unit.  The units typically feature 8-10M clear internal height, 37.5 to 50kN sq. m floor loading, electric loading doors, covered loading bays, fitted first floor offices, 15% warehouse roof lights, PV panels, air source heat pumps, the ability to combine units, 12 year collateral warranty, comfort/cooling heating and a landscaped environment. Also incorporated in the newly available units are an extensive number of environmentally friendly technologies to achieve a BREEAM Excellent rating together with an EPC rating of A+ for each unit.  As a result, occupational costs to the occupier will be greatly reduced. These include electric vehicle (EV) charging points, photovoltaic (PV) panels, high-performance building fabric and secure cycle storage for those wishing to reduce their carbon footprint. The design will maintain optimal daylight and air permeability levels throughout the site. Speaking about the project, Glencar Managing Director for the UK South, London, and Ireland, Roy Jones, said: “We are delighted to have had the opportunity to work with Chancerygate once again. This marks our third project with them, and we are thrilled to be involved in a flagship, multi-unit scheme with such compelling green credentials. Dagenham Logistics Hub provides an excellent solution for businesses across Greater London and is a prime example of how sustainability can work hand in hand with economic growth. I would like to thank the entire professional team involved in this build for delivering an exceptional end-product, and we look forward to seeing the building in operation very shortly”. George Long, Padrock Development Manager said: “Occupiers are looking for high specification units with strong ESG credentials, constructed to a good quality which has been delivered to us on this scheme. Glencar were very professional in their approach to this development and the team on site were all very knowledgeable of the various nuances throughout their time on site.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Goodman supports global fashion and luxury logistics specialists’ entry into the UK

Goodman supports global fashion and luxury logistics specialists’ entry into the UK

The Snatt Omlog Companies, leading logistics and technology service providers for the luxury and fashion sectors, are extending their European business into the UK at Goodman’s London Brentwood Commercial Park in East Horndon, Essex. The fashion and luxury operations specialists, which offer bespoke supply chain solutions for major brands and retailers, have leased 126,000 sq ft of highly specified warehouse space to support their continued global expansion. Focused exclusively on logistics, technology and operational project management for the fashion and luxury industries, the new facility will strengthen their European business, enabling easy access to a UK retail market expected to reach £570.8 billion by 20282. Headquartered in Italy with directly managed operations in China, the U.S. and Europe, The Snatt Omlog Companies work with some of the most prestigious brands and luxury groups in the world. They first partnered with Goodman in 2007 and currently lease over 1 million sq ft at Goodman Western Plaza in Hong Kong and Goodman Industrial Center Murray Hill in New York.  Located only three miles from the M25 and close to world-class multimodal infrastructure, including the Port of Tilbury and the Channel Tunnel, London Brentwood Commercial Park is well-placed for goods coming into the UK. With consumers’ increasing delivery expectations and a greater focus from retailers on streamlining the last mile, proximity to the A13 provides fast access to Central London, key to serving customers quickly and efficiently.  To facilitate the company’s growth plans, a three-storey mezzanine will maximise internal storage capacity and offer a high degree of flexibility to meet customers’ bespoke requirements. In addition to retail and e-commerce logistics, The Snatt Omlog Companies provide end-to-end operational support for store openings and renovations, pop-ups, visual merchandising and media activations, as well as a diverse range of specialised value-added services specific to fashion and luxury. The highly sustainable facility is delivered to a BREEAM ‘Excellent’ standard and achieves an A+ energy performance rating, benefiting from a full rooftop of solar PV to help offset the building’s power needs, innovative SolarWall® technology for heating the building’s office areas, and rainwater harvesting to reduce water use. With infrastructure for future electric vehicle (EV) fleets, there are also plans to offer EV delivery services into Central London, building on the success of the company’s EV delivery solution in Hong Kong.  Austin Whyte, General Manager at Snatt Omlog UK, said:“When we looked to expand into this core market, we wanted to collaborate with an organisation we could trust. We’re pleased to be building on our longstanding relationship with Goodman by opening our first UK facility with them.  “The property’s strategic location, combined with its sustainability credentials, was important to us as a business but also to the brands we work with. It will enable us to service customers quickly, reduce delivery miles and in doing so, support our customers in decarbonising their supply chains.”George Glennie, Development Director at Goodman, added:“Delivering high-quality, sustainable properties that can utilise technology and innovation to increase operational efficiency is key for our customers. We’re excited to be working with The Snatt Omlog Companies in the UK and supporting their continued growth in the luxury retail market.” Goodman’s London Brentwood Commercial Park is a new business community home to aviation supply chain specialist, Farsound, and is set to become the new HQ for Europe’s largest independent retailer for tabletop hobbies, Wayland Games. It serves as an attractive location for businesses due to its well qualified workforce and has seen 4% population growth over the last five years, outpacing the wider South East region3.  To find out more about the opportunities available at London Brentwood Commercial Park, please visit the website for further details.  1 Esri and Michael Bauer Research, 20242 Source: Euromonitor, 20243 Source: Turley Economics, 2023 Building, Design & Construction Magazine | The Choice of Industry Professionals

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Croydon development sets new standard for logistics property excellence

Croydon development sets new standard for logistics property excellence

Prologis UK, a leading owner, developer and investor of logistics property, is expanding its development in Croydon, South London. Working with leading main contractor, Winvic Construction, groundworks have been completed on four new market-leading units at Prologis Park Beddington. Ranging from 15,000 to 46,000 sq. ft., the latest expansion phase demonstrates design excellence, flexibility and sustainability. Environmentally-conscious design is at the heart of the new units and integrated into their defining features. This includes the installation of air source heat pumps, rooftop solar PV and 15% rooflights, along with rainwater harvesting. All of these features will support Prologis UK customers with their sustainability targets and reduce long-term energy costs, with the solar PV alone expected to generate £12,000 of savings per annum on the smallest building, to £33,000 on the largest. Each of the units will be all electric with net-zero regulated energy use in line with an EPC A+ rating. Embodied carbon will be measured, reduced and mitigated in line with the UKGBC net zero carbon framework and the units are well on track to being awarded BREEAM ‘Excellent’. Maximising flexibility has been a key design consideration at Prologis Park Beddington, demonstrated in the innovative approach to mezzanines. Available at two of the units, the additional space will allow for office areas to be expanded or configured to provide extra storage space, benchwork, assembly or racking across the lifespan of the unit. Richard Plant, Chair at Develop Croydon and Partner at Stiles Harold Williams, said: “Set to drive essential growth for Croydon’s local economy, Prologis UK’s expansion on Beddington Lane will create significant opportunities in the South London job market. We’re looking forward to seeing this next phase develop, building on Prologis’ current property footprint in the local area.” Simon Perks, Director in the Capital Deployment and Leasing team at Prologis UK, said: “The expansion at Prologis Park Beddington sets a new standard for design and flexibility of logistics space in Croydon. With four differing sized units, the park’s location is ideal for last mile logistics operators serving the capital, with ready access to the local job market in South London. “We’ve ensured that sustainability has been a major consideration throughout the design and construction of this development and have been encouraged by the positive reception from customers enquiring about the scheme.” The expansion at Prologis Park Beddington is already taking shape, with steels currently being erected and the scheme due to be complete in Q1 2025. Danny Nelson, Managing Director – Industrial at Winvic Construction Ltd, said: “As a trusted Prologis construction partner for over 20 years, Winvic has successfully delivered numerous industrial facilities that meet their sustainable design and construction standards. We’re thrilled to be working on the four units at Prologis Park Beddington, which are unique due to the innovative design approach for the mezzanines. With the groundworks now complete, we look forward to delivering these market-leading logistics facilities for Prologis, while setting a new standard for design and flexibility.” With nearby access to the A23, A205 and M25, Prologis Park Beddington provides excellent transport links to London and the South East. The expansion builds on the existing 220,000 sq. ft. of warehouse and office space, made up of six BREEAM ‘Excellent’-rated units. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Logicor boosts UK team with two new hires, as development pipeline continues to grow

Logicor boosts UK team with two new hires, as development pipeline continues to grow

Logicor announces the appointment of two new hires to its UK Asset Management team. The appointments mark Logicor’s strong commitment to accelerate its development pipeline across the UK, with continued growth anticipated for the year ahead. Michaela Chidgey will join as Project Manager, where she will be supporting the delivery of Logicor’s development pipeline in the UK, streamlining the business’ collaboration between technical and asset management teams to drive consistency of service delivery and quality across Logicor’s UK portfolio. Logicor currently owns and manages over 32 million sq ft across 176 high-quality distribution locations. Latest developments underway in the UK include Logicor Park Daventry, Derby 507, Bolton 330 and Logicor Park Dartford, delivering over 1.7m sq ft of premium warehouse and logistics space over the next 12 months. Michaela joins from Savills where she was an Associate Director in the Building and Project Consultancy team. Michaela will work with Matthew Storr, Director of Project Management and Sam Towers, Technical Director of Logicor. Michaela previously joined Savills in 2015 and has specialized in project management for both new-build developments and refurbishments, where her primary focus lied within the industrial and logistics sector. She has extensive experience of managing projects throughout the development cycle, from feasibility study and technical due diligence for acquisition, through to managing the design, planning and construction phases. Logicor also recently recruited Rachel Boorer to join its UK Asset Management Team as an Analyst. Rachel previously worked at CBRE as a Surveyor. Like Michaela, Rachel will be based in Logicor’s London HQ, and will work with the whole UK Asset Management team, reporting into Associate, Liam Lewis. Charlie Howard, Logicor’s Managing Director, UK, says: “We are absolutely delighted to welcome Michaela and Rachel to our UK Asset Management Team. Michaela has great experience and a fabulous reputation in the delivery of industrial and logistics buildings having worked in the successful Project Management team at Savills for many years. She joins at a very exciting time at Logicor as we continue to grow our development activities in the UK. “Rachel has benefitted from experience in both the Valuation and Industrial and Logistics teams at CBRE and is another brilliant addition to the UK team. I am thrilled to welcome both to the Logicor UK team.” Simon Collett, Executive Director and Head of Professional Services at Savills, comments: “Michaela has been an integral member of our London development project management team and although we are sad to see her go, this move is a natural progression and we wish her every success in her new role. We very much look forward to working with her closely in the future and extending our relationship with Logicor, who remain one of the divisions key clients.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Newlands Property Group Expands Logistics Portfolio with Strategic Acquisition of Equites Property Fund's UK Assets

Newlands Property Group Expands Logistics Portfolio with Strategic Acquisition of Equites Property Fund’s UK Assets

Newlands Property Group Limited (NPGL) has successfully completed the acquisition of Equites Property Fund’s interests in the Equites Newlands Group Limited development platform. This strategic move includes the acquisition of Special Purpose Vehicles (SPVs) linked to key logistics projects in Cambridge, Rushden, Northampton, and additional sites in Egham, Peterborough, and Goldthorpe, with certain conditions applied. Notably, joint control will be maintained between NPGL and Equites for projects near Newport Pagnell, Basingstoke, and Coton Park. Russell Platt, CEO of Forum Partners, highlighted the significance of this acquisition, underscoring the strategic value it adds to their portfolio. He commented, “This acquisition deepens our relationship with the Newlands team, allowing them to secure key assets from their previous partner, Equites. Additionally, it establishes favourable terms for the three projects where Newlands and Equites will continue to co-invest. With one of the largest land banks of strategic logistics sites in the UK, Newlands is well-placed to take advantage of current market conditions.” Graham Pardoe, CEO of Newlands Developments, shared this optimism, pointing out the imminent market availability of these logistics sites. “Our skilled team is poised to bring vital logistics sites to market. With our expansive land bank, we are ideally positioned to meet increasing demand and stimulate further investment in the logistics sector.” NPGL, established in March 2024 through a collaboration between Newlands Developments and Forum Partners, aims to focus on the acquisition, development, and management of logistics and industrial projects throughout the UK, particularly in the Midlands and South East regions. Since its founding in 2002, Forum Partners has deployed approximately $7.7 billion across 24 countries, with Newlands’ management delivering over 37 million square feet of space for major clients such as DHL and Amazon. Their current development pipeline includes 15 million square feet across 10 projects in the UK.

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Invesco Real Estate and GARBE to develop a 550,000 sq ft logistics scheme in Worksop, UK

Invesco Real Estate and GARBE to develop a 550,000 sq ft logistics scheme in Worksop, UK

Invesco Real Estate, the USD 90bn global real estate investment business of Invesco Ltd. (NYSE: IVZ), has partnered with GARBE Industrial Real Estate GmbH (“GARBE”), in a joint venture to develop a circa 550,000 sq ft Class A logistics site in Worksop, located in the prime East Midlands logistics UK market. The two-unit scheme, comprising of separate 462,500 sqft and 86,500 sqft facilities spread over 28.9 acres, will see construction commencing September 2024 and completion in Q3 of 2025. Both units target BREEAM Excellent and EPC A+ standards.[1] Strategically located in the East Midlands, Worksop benefits from a catchment area of circa 3 million people within 45 minute drivetime, with the major cities of Manchester, Birmingham, Nottingham and Sheffield reachable within less than two hours drive. The site is located equidistant between the M1 and A1(M) providing easy access to the UK’s national motorway network. GARBE, one of the leading specialists for logistics and industrial properties across Europe currently has c. EUR10,6 billion of assets under management, with around EUR2.8 billion in its development pipeline. Chris Hornung, Country Head & Managing Director at GARBE UK, said “This is an excellent opportunity to capitalise on the dearth of supply of large logistics units of 450,000sq ft plus in the region. This development is in line with our strategy to speculatively develop in undersupplied markets with the added benefit of Worksop providing occupiers with a strong labour pool”. Rob Johnston, Managing Director – Head of Investments, UK & Nordics at Invesco Real Estate, said: “We’re delighted to be partnering with GARBE to secure this rare opportunity to acquire a prime logistics site in the East Midlands and to further expand our UK and European logistics portfolio.” GARBE and Invesco were advised by agents Atlas Real Estate. Carter Jonas, DTRE and Moriarty & Co have been appointed as joint letting agents. Building, Design & Construction Magazine | The Choice of Industry Professionals

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