Stoford has delivered more than 83,500 sq ft of new industrial/logistics accommodation at a job-creating logistics location in East Devon. The leading commercial property developer has completed construction of two new sustainable developments at Exeter Logistics Park, a 55-acre site in Clyst Honiton owned by the Church Commissioners for England.
Panattoni, the largest industrial real estate developer in Europe, will speculatively develop the final two units at its sustainable logistics development in Aylesford, Kent, after agreeing pre-lets for the rest of the space. The two units of 100,000 sq ft and 130,000 sq ft at Panattoni Park Aylesford, which are
Work Starts On Speculative Development Of Circa 650,000 Sq Ft in Five New Industrial Units Citrus Durham (“Citrus”) has secured £75M funding to enable the speculative development of circa 650,000 sq ft of new industrial space, to be known as Connect, at the Integra 61 mixed-use project at J61 of
Caddick Construction, on behalf of Caddick Group and AAA Property Group, has completed 180,000 sq ft of commercial space at Moor Park 25, Mirfield, West Yorkshire. The second phase of this industrial and logistics development includes five new buildings ranging from 19,000-59,000 sq ft. The development at Moor Park 25,
Network Space Developments (NSD) has exchanged contracts to sell the second phase of its popular Tunstall Arrow scheme in Stoke-on-Trent, to 4th Industrial for an undisclosed sum ahead of its completion. Construction work is progressing well on the 2nd phase of this successful scheme which will provide an additional 111,000
Network Space has secured planning permission for the redevelopment of the former Cartwright headquarters on Atlantic Street in Altrincham, Greater Manchester. Broadheath Networkcentre will include a mixture of high-quality refurbished space alongside new builds, creating a modern, multi-let industrial site designed to attract a variety of businesses. The development will
Rapid erection of steel frame represents a key milestone in terms of the transformation of 10-acre brownfield site into a state of the art 210,000 sq ft logistics hub GMI Construction Group PLC has today provided an update in terms of progress on the construction of the new 210,000 sq
SEGRO has started work to deliver a refurbishment scheme on the Slough Trading Estate that will raise the bar in terms of its environmental sustainability. The 20,210 sq ft unit is located on Bestobell Road at the East of the Slough Trading Estate and was built originally in 1988. The
Leading Yorkshire commercial property developer Wykeland Group has secured an £80m-plus investment by global medical technology business Smith+Nephew. Subject to planning approval, Smith+Nephew has announced it will build a new research and development and manufacturing facility for its Advanced Wound Management franchise at Wykeland’s Melton West business park in East
GLP, a leading investor and developer of logistics warehouses and distribution parks, today announced that it has begun earthworks on the site of G-Park Ashby-de-la-Zouch. G-Park Ashby is a 48-acre development site benefitting from an outline planning permission to deliver build-to-suit logistics warehouse opportunities of up to 736,487 SQ FT.
Stoford has delivered more than 83,500 sq ft of new industrial/logistics accommodation at a job-creating logistics location in East Devon. The leading commercial property developer has completed construction of two new sustainable developments at Exeter Logistics Park, a 55-acre site in Clyst Honiton owned by the Church Commissioners for England. They include a new 55,000 sq ft parcel distribution service centre on behalf of DHL and a high specification unit of c.28,500 sq ft which has been developed speculatively in partnership with Urban Logistics REIT. The developments have the potential to create more than 100 new jobs. DHL’s new bespoke facility will deliver the same employment level as a typically larger scale unit but has been designed to minimise the number of vehicles required on site, to reduce its environmental footprint. The building benefits from several sustainability features including PV solar panels, EV charging points, a sustainable urban drainage system and a green roof atop integral office areas. The new speculative development is a flexible industrial/warehouse space with integral first floor fitted offices and is expected to operate as a conventional facility. It includes 8m clear haunch height, 35m yard depth, three level access doors, cycle storage and 38 car parking spaces. Both new developments are EPC A rated and meet BREEAM ‘very good’ standards, and will benefit from onsite trim trail and outdoor gym areas, including bodyweight exercise equipment. Stoford is lead developer for Exeter Logistics Park and has recently signed a new long-term site wide agreement with the Church Commissioners for England that will unlock future phases of development at the former Hayes Farm. The agreement paves the way for an additional c.500,000 sq ft of industrial/logistics accommodation that will be developed on a design and build basis, with new units made available on freehold or leasehold terms. Dan Gallagher, Joint Managing Director, Stoford said: “Exeter Logistics Park is already one of the region’s leading business parks and is enabling distribution and logistics businesses to thrive in purpose-built buildings. We have placed a large emphasis on the sustainability credentials of the scheme, as well as promoting employee health and wellbeing, which is attracting occupiers of the calibre of DHL. Speculative development underlines our confidence in the quality and location of the scheme and we expect the building to let quickly.” John Barker, Development Director at investor, Urban Logistics REIT, said: “We were delighted to work with Stoford and the Church Commissioners in delivering these two units. Pre-letting and speculative development demonstrates the strength of the location, quality of the product and the demand in the market.” Exeter Logistics Park is part of the Exeter and East Devon Growth Point economic development zone near Exeter Airport. The scheme includes improvements to the local transport infrastructure, with a new access road and signalised traffic junction off the B3174 London Road and excellent access to junction 29 of M5 motorway. It is estimated that Exeter Logistics Park could contribute between £90 million – £105 million to the regional economy when fully complete. All enquiries regarding Exeter Logistics Park should be directed to the scheme’s retained agents, JLL and Cushman & Wakefield.
Panattoni, the largest industrial real estate developer in Europe, will speculatively develop the final two units at its sustainable logistics development in Aylesford, Kent, after agreeing pre-lets for the rest of the space. The two units of 100,000 sq ft and 130,000 sq ft at Panattoni Park Aylesford, which are expected to be completed in the fourth quarter of 2023, will be built to a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’. They will benefit from 15m clear internal height, 2 level access doors, electric charging points for cars, access to the park’s car share scheme and 50m yard depths. The development of the speculative units follows the success of the recent pre-lets at the park to DHL, Fowler Welch and Evri. Panattoni is in detailed discussions with other occupiers for the remainder of the space at the park. Panattoni is developing a high-quality logistics space on the former Aylesford Newsprint site, close to junction 4 of the M20, to serve London and the south east. Panattoni Park Aylesford is a £180 million investment in high-quality, sustainable logistics development, infrastructure, parking, landscaping and access, including the new £7 million Bellingham Way link road. The sustainability strategy aims to minimise the operational use of carbon, which includes some scope three emissions from tenant activity and installed equipment and systems such as heating and lighting. Every building at the park will have air source heat pumps to control temperature in the offices and photovoltaic panels on the roofs. It is expected that these measures will generate up to 15% reductions in regulated energy use across the building. Panattoni is also working in partnership with Kent Wildlife Trust to achieve a 10% net gain in biodiversity at the site. Tony Watkins, Development Director at Panattoni, said: “Our decision to speculatively develop the final two units at Aylesford reflects the strong demand from occupiers looking to benefit from its excellent location. “In just nine months since we acquired the site, we have let nearly 80% of the space. We are on site delivering multiple buildings with the first ones ready for occupation in the third quarter of this year, we look forward to welcoming them to the Park and other occupiers to follow”. Agents at Panattoni Park Aylesford are CBRE, Avison Young and JLL.
Work Starts On Speculative Development Of Circa 650,000 Sq Ft in Five New Industrial Units Citrus Durham (“Citrus”) has secured £75M funding to enable the speculative development of circa 650,000 sq ft of new industrial space, to be known as Connect, at the Integra 61 mixed-use project at J61 of the A1(M), Durham. Avison Young and Colliers acted for Citrus Durham on the funding. Connect will comprise a 342,000 sq ft industrial/logistics development of four high quality units ranging from 43,000 to 152,000 sq ft. In addition, a 298,000 sq ft stand-alone, 15 metre high bay industrial/warehouse unit will be delivered on an adjacent plot. Connect 298 will be the largest speculatively developed industrial/warehouse unit in the North East for over a decade and will fill a crucial void in the regional supply pipeline. Avison Young and CBRE will be marketing the new units to potential occupiers, helping to meet the demand for high quality new build industrial/warehouse accommodation in the region. GMI Construction has been appointed as contractor for the build and work has started on site with the Connect units ready for occupation in summer next year. The acute shortages of high-quality modern logistics/industrial supply in the North East have been analysed by the Citrus team and the units have been sized to satisfy the growing regional demand for units in this range. Integra 61 is one of the North East’s most significant regeneration projects with outline consent in place for over 3 million sq ft of employment space with the potential to create some 4,000 jobs. Already home to Amazon’s 2m sq ft Fulfilment Centre, occupiers can choose design and build packages for units to meet their specific requirements, and this speculative phase of development will satisfy those companies looking for space that is already under construction. David Cullingford, Project Lead for Integra 61 and Citrus, said; “The funding will accelerate delivery of the next phase of development at Integra 61. 2022 is proving to be an exciting year with lots of activity on-site and we are looking forward to delivering these new speculative units as quickly as possible. We have a real opportunity here to make a significant contribution to the regional pipeline for industrial/logistics accommodation and to ease the well-documented shortages in the North East. This is a thriving region with a superb workforce and businesses and we hope to bring more jobs and opportunities with this next multi-million pound investment at Integra 61.” Located at J61 of the A1(M), Integra 61 is just 4 miles away from the City of Durham and will also include circa 270 new homes, 70-bed hotel, family pub/restaurant, nursery, drive-thrus and a number of trade counter/roadside units all adding to the diverse offering.
Caddick Construction, on behalf of Caddick Group and AAA Property Group, has completed 180,000 sq ft of commercial space at Moor Park 25, Mirfield, West Yorkshire. The second phase of this industrial and logistics development includes five new buildings ranging from 19,000-59,000 sq ft. The development at Moor Park 25, located in close proximity to Junction 25 of the M62, started in 2019. Phase 1 completed in 2020 and was immediately let to Incora, the aeronautics supply chain specialist. Caddick Developments subsequently ‘forward sold’ this next phase of five units to AAA Property Group, which also purchased the Phase 1 building as part of its expansion into the industrial and logistics sector. Identified as one of 10 Enterprise Zones across Leeds City Region, it is set to inject a cash boost of up to £12.5million to the local economy. All five new units are in advanced negotiations. Caddick Construction, with support from KPP Architects, was retained for both phases and worked alongside structural and engineering consultancy Dudleys, engaged specifically to support Phase 2. Chris Wilson, Commercial Development Director, of Caddick Construction said: “It’s great to see such demand for the units resulting in the scheme being fully let well before completion. The quality of the build, its facilities and prime connectivity to the M62 corridor are all particularly sought after in the north, in a very competitive market.” Myles Hartley, managing director of Caddick Development said:“With demand for light industrial and logistics floorspace continuing to grow a-pace, we’re delighted to be delivering what growing local and regional businesses want. It’s great seeing the project come to completion, and we look forward to the benefits it will bring to the region’s economy and growth.” Anil Chima, director of AAA Property Group added:“We are delighted to have been able to work with fellow Yorkshire-based Caddick, and be able to bring forward a scheme that will contribute so positively to the local areas – particularly in light of the need for Covid-19 economic recovery. The investment into the project will provide many jobs as well as provide much-needed industrial space in the region.” The project has involved working closely with both Kirklees Council, and the Leeds City Region (LEP) in their role overseeing key strategic enterprise zones. Joint agents on the project are Avison Young and Dove Haigh Philips.
Network Space Developments (NSD) has exchanged contracts to sell the second phase of its popular Tunstall Arrow scheme in Stoke-on-Trent, to 4th Industrial for an undisclosed sum ahead of its completion. Construction work is progressing well on the 2nd phase of this successful scheme which will provide an additional 111,000 sq. ft of industrial and logistics workspace on a 7.3 acre site. Caddick Construction started on site in November 2021, and are just over halfway through the build, with completion anticipated in Autumn 2022. Phase Two will deliver five high-specification highly sustainable business premises for industrial or logistics uses, ranging from 13,400 sq ft to 31,000 sq ft. Phase One of Tunstall Arrow, which opened in 2018, was sold by Network Space to 4th Industrial in February 2021. The scheme proved extremely popular being fully let prior to completion to a host of international tenants including – DHL Express, Boels Rental, Q-railing, Pramac Generac and SG Fleet. Other major occupiers in the area include Churchill China and JCB. Acquired by NSD in 2013, the Tunstall Arrow scheme covers 28 acres of a former colliery site adjoining the A527 (James Brindley Way) in Sandyford, Stoke-on-Trent. The scheme is close to the A500 with access to Junction 16 of the M6 only minutes away. Simon Peters, Development Director at NSD, said: “The Tunstall Arrow development has been a huge success story in terms of delivering sustainable employment and inward investment benefits for Stoke on Trent. “We are delighted to have exchanged contracts for the sale of Phase Two to 4th Industrial. This is the third scheme they have acquired from us and follows Tunstall Arrow Phase One and Ashroyd in Barnsley. Demand for well-located urban logistics and industrial space is extremely high and interest in Tunstall is strong. ” B8RE Investment Director Simon Wood added: “Following on from the sale of Phase 1 it has been fantastic to have been involved in the forward sale of Phase 2. Not only has it been really encouraging to see continued strong investor appetite for high quality schemes such as this but also Tunstall emerging as a really strong and recognised industrial location for investors and occupiers alike. Congratulations to both Network Space Developments and 4th Industrial on another successful deal.” 4th Industrial Managing Director, Derek Heathwood, said: “We are delighted to have agreed another deal with NSD providing real scale at this prime location. The acquisition of Tunstall phase 2 continues our investment theme of purchasing high quality, multi let industrial estates with strong ESG credentials in key target UK sub-markets. There is already significant interest in the units and we look forward to completing this purchase when the development is at practical completion.” Tunstall Arrow is a priority development for Stoke on Trent City Council, being one of the six sites in the Ceramic Valley Enterprise Zone. The CVEZ has potential to create up to 6,700 jobs and deliver 3.3 million sq ft of commercial space across six sites along the A500 corridor.
Network Space has secured planning permission for the redevelopment of the former Cartwright headquarters on Atlantic Street in Altrincham, Greater Manchester. Broadheath Networkcentre will include a mixture of high-quality refurbished space alongside new builds, creating a modern, multi-let industrial site designed to attract a variety of businesses. The development will deliver 205,000 sq ft of accommodation across 25 units, with workspace available from 2,100 sq ft to 39,500 sq ft. A highly sustainable development, Network Space will reuse and recycle existing steel and concrete structures on site, resulting in a significant reduction in embodied carbon in the development. The units are also designed to accommodate photovoltaic panels for renewable energy provision and electric vehicle charging on all units. Simon Eaton, Senior Development Manager at Network Space Developments, said: “With planning permission now secured, we can fully commence our development of this well-located and highly popular site which will appeal to local businesses, trade occupiers and last mile urban logistics firms. “We have already received very strong interest in the scheme from a range of businesses and with demolition already well underway, we hope to have units ready for occupation in early 2023. The scheme aligns perfectly with our strategy to deliver high quality, highly sustainable developments in key urban ‘last mile’ locations. We look forward to working closely with Trafford Council to deliver a scheme the borough can be truly proud of.” Network Space commenced the demolition in early May and are aiming for practical completion in early 2023.The scheme is set to revitalise the site, creating upwards of 400 new jobs and providing much needed speculative workspace in the region. Once complete, the scheme will have an estimated GDV of £45m. Jonathan Williams at Savills and Will Kenyon at B8 have been appointed as letting agents for Broadheath Networkcentre. The wider professional team includes Walker Sime, project management and quantity surveying, AEW architects and Spawforths is the planning advisor.
Rapid erection of steel frame represents a key milestone in terms of the transformation of 10-acre brownfield site into a state of the art 210,000 sq ft logistics hub GMI Construction Group PLC has today provided an update in terms of progress on the construction of the new 210,000 sq ft single site logistics hub for Graftongate on behalf of leading aerospace engineering company Leonardo at its site in Yeovil, Somerset. Progress on the new £28M facility has reached a key milestone with the steel frame practically complete and cladding installation set to start shortly. The state of the art development which spans an area the equivalent of 2.7 football pitches, is scheduled to be completed in Q4 2022. The project sees the consolidation of eight existing warehouses into one all-encompassing logistics hub. This high-tech facility means a reduction in operating costs by having all logistics under one roof, and it maximises the potential of helicopter component logistics. Speaking about the progress being made GMI Divisional Director Andy Bruce said: “The team onsite has made significant progress since starting on site with the steel-frame all but complete and cladding looking to commence very shortly. The scale of remediation and site transformation that has to date been completed is nothing short of remarkable with a considerable amount of material recycled onsite and put back into positive use. The team have invested a considerable number of man hours working across a broad range of skilled trades. This includes the employment of a number of local apprentices on the project which will really intensify during the internal fit out work. This provides an opportunity to learn and develop skills in construction and represents a positive investment in the surrounding community”. Jamie Hockaday, Director at Graftongate also said: “This key milestone, with the erection of the steel frame, signifies a transformation of this 10-acre brownfield site. So far we have removed 490T of asbestos and recycled 2000T of hardcore as part of our commitment to delivering a sustainable facility. We are on programme to complete the erection of the steel frame and cladding in August prior to commencement of a £10M internal fit out and look forward to handing over the completed facility later this year. Adam Clarke, Managing Director of Leonardo Helicopters (UK), also commented: This project serves toillustrate Leonardo’sfirm and continued commitment to Yeovil and the airfield, which has been here since 1915. Our efforts to minimise our environmental footprint are constant and increasing. Here in Yeovil, the construction of this new single-site logistics hub will focus on supporting ergonomic working. Through the streamlining of processes, we will maximise efficiency and reduce energy consumption. Consolidating all of the logistics under one roof will enable us to increase efficiencies, complete tasks quicker, and achieve a reduction in operating costs. We are proud to be the UK’s only onshore helicopter manufacturer, the “Home of British Helicopters”, and this development further illustrates our commitment to British engineering and manufacturing” To watch a LIVE feed from the site click : https://gmi.reachtimelapse.co.uk/leonardo/helicopterhub/
SEGRO has started work to deliver a refurbishment scheme on the Slough Trading Estate that will raise the bar in terms of its environmental sustainability. The 20,210 sq ft unit is located on Bestobell Road at the East of the Slough Trading Estate and was built originally in 1988. The refurbishment will transform the unit into a state-of-the-art, environmentally sustainable industrial and warehouse space, furthering SEGRO’s low carbon growth ambition on the Trading Estate. The refurbishment will be net-zero carbon in operation and is targeting a BREEAM Excellent and an EPC A+ rating. It will include a wide range of sustainability features, including: Smart building sensors to enable energy-efficient operation of the building Photovoltaic panels on the roof which will save 26 tonnes of carbon emissions per year, the equivalent to planting 1,226 trees. Energy efficient LED lighting throughout, which will reduce CO2 by 12 tonnes and save around £11,000 per year A 55m² living wall on the front of the building will trap 7,150 grams of dust, extract 126.5 kg of gas and 71.5 kg of particulate matter from the air, and produce around 93.5 kg of oxygen every year. An internal green wall will also be featured in the reception area Air source heat pump providing heating and comfort cooling Water reducing products throughout e.g., self-closing taps for all wash basins, waterless urinals etc. Use of a natural, photocatalytic paint on all wall surfaces that purifies the air through CO2 absorption and reduces ambient odours Electric vehicle charging points Secure bicycle parking with rich biodiverse growing roofs and wildlife habitat panels. It will incorporate low-maintenance, drought-tolerant planting that is nectar-rich for butterflies, bees, moths and other invertebrate wildlife Additional bird and bat boxes, beehives and insect habitats to nest and increase pollination across the plot The redevelopment is part of SEGRO’s growing portfolio of low or zero-carbon developments and aligns with the company’s Responsible SEGRO commitments to champion low-carbon growth and be net-zero carbon by 2030. James Craddock, Managing Director at Thames Valley, SEGRO, said: “The refurbishment of older buildings is an important part of our journey to be net-zero carbon by 2030. This scheme at Bestobell Road is a great example of how these existing buildings, where appropriate, can be transformed into more modern, efficient, greener spaces that enable low-carbon growth now and into the future. “Creating more sustainable spaces for a diverse mix of customers is also critical if we want to ensure that the Slough Trading Estate is the location of choice for both large and small businesses within the Thames Valley.” The refurbishment is due to be complete in September 2022. Slough Trading Estate is the largest privately-owned business park in single ownership in Europe. Over one third of the estate is less than 10 years old. The vacancy rate is just over two per cent, with the remainder being leased to a mix of small and large businesses, across a diverse range of industry sectors. Local amenities including high street banks, restaurants, shops, fitness facilities and healthcare centres are all within easy reach on the estate, creating a vibrant business community for occupants.
Leading Yorkshire commercial property developer Wykeland Group has secured an £80m-plus investment by global medical technology business Smith+Nephew. Subject to planning approval, Smith+Nephew has announced it will build a new research and development and manufacturing facility for its Advanced Wound Management franchise at Wykeland’s Melton West business park in East Yorkshire. The location is just eight miles from Smith+Nephew’s current site in Hull, where the business has been located for more than 100 years. The new facility is expected to open in 2024. The investment will create a world-class R&D, manufacturing and flexible office environment, which is expected to support more than £8bn of sales in its first 10 years of operation. Melton West business park has been selected for the investment because of its proximity to the existing Hull facility. It also offers a site with the size and established infrastructure to accommodate the new facility and is allocated under the East Riding of Yorkshire Local Plan for developments of this kind. Dominic Gibbons, Managing Director of Hull-based Wykeland, owner and developer of Melton West, said: “We are delighted the strategic, long-term investments we have made in the infrastructure at Melton West business park have enabled Smith+Nephew to stay within the region and make such a huge investment in a state-of-the-art new facility. “Smith+Nephew is one of the region’s leading employers, with a proud local history and heritage. This investment will open an exciting new chapter in that story.” Simon Fraser, President of Advanced Wound Management for Smith+Nephew, said: “This major investment demonstrates our commitment to the UK and to building our leadership in Advanced Wound Management. “Smith+Nephew was founded in Hull in 1856 and we are proud to make this major investment in the region for future generations.” The 200-acre Melton West business park is one of Yorkshire and the Humber’s premier locations for investment and job creation. It enjoys a prime location west of Hull, off the A63 and connecting to the national motorway network within minutes via the M62. The Smith+Nephew facility will be the latest major development at the growing site, which features more than one millionsq ft of completed warehouse, distribution, manufacturing and office space. In December last year Wykeland secured planning permission from East Riding of Yorkshire Council for a £170m retail logistics fulfilment centre at Melton West. This centre will have a footprint of 558,000 sq ft and create 1,300-1,500 permanent jobs, additional seasonal and indirect employment, and further jobs during the construction phase. Last year Amazon opened a 125,000 sq ft last mile delivery centre on an adjacent site at Melton West and a new command and control facility for Humberside Police has recently been handed over and is due to be operational later this year. Other leading businesses at Melton West include Heron Foods, which has its national Distribution Centre and Store Support Centre on site; generator manufacturer Allam Marine; shower maker Kohler Mira; and Needlers, the UK’s leading supplier of safety and hygiene products to the food manufacturing industry.
GLP, a leading investor and developer of logistics warehouses and distribution parks, today announced that it has begun earthworks on the site of G-Park Ashby-de-la-Zouch. G-Park Ashby is a 48-acre development site benefitting from an outline planning permission to deliver build-to-suit logistics warehouse opportunities of up to 736,487 SQ FT. Earthworks are progressing rapidly and are expected to be finished by early 2023, with the full development set to complete by Q1 2024. The site has a prime location in the Midlands logistics hub, in the heart of the Golden Triangle. G-Park Ashby is conveniently situated adjacent to the A42 and A511, providing access to the M42 to the South and the M1 10 miles to the North East. Urban hubs Birmingham, Nottingham and Leicester are all close by, with Manchester, Liverpool and London also easily accessible. East Midlands Airport, only 10 miles away, and Birmingham International Airport, 29 miles away, also provide convenient air links for transportation. The site can be developed as either one single unit or two units, depending on customer requirements, with clear internal heights of up to 18 metres. As with all GLP’s developments, the units will be built to enhanced specification and will follow GLP’s rigorous ESG standards. The development will be BREEAM Excellent and WELL ready, and will feature a range of sustainability features including rainwater harvesting and energy tracking and consumption tools for customers. The development is a prime example of the care taken by GLP to respect and nurture the natural environment. For example, a colony of great crested newts was discovered on the site, which GLP has taken significant time and consideration to rehome, delaying progression with the earthworks until the colony was safely relocated. There will also be an extensive green outdoor space for landscaping and nature, including ecological ponds. Adrienne Howells, Senior Development Director at GLP, said: “G-Park Ashby is an exciting addition to our portfolio in the Midlands and indicates our ongoing confidence in opportunities in the Golden Triangle, following the success of projects such as Magna Park Lutterworth. Trends such as e-commerce have buoyed already high demand for prime logistics space, particularly high-quality, conveniently-located, sustainable facilities such as this.” Not only will this new development bring excellent opportunities for our customers; it will also boost employment in the region, creating almost 1000 new jobs and providing major benefits for the local economy. Once again, we are planning our development with place-making as a priority, focusing on environmental features such as our ponds, green open spaces and our G-Hive bee programme.”