Private equity real estate investor, Paloma Capital and leading real estate developer, Graftongate, have gained planning consent for the speculative development of a new urban logistics scheme in north London. Urban Logistics Tottenham will deliver seven new Grade A industrial/warehouse units totalling c.65,000 sq ft on a 2.31-acre site at
Legal & General Investment Management (LGIM Real Assets) has acquired a 6.2-acre freehold estate in Horsham, West Sussex on behalf of its Industrial Property Investment Fund (“IPIF”). LGIM Real Assets and its development partner, Graftongate, plan to speculatively develop a prime multi-unit industrial/logistics scheme on the site of Wilberforce House
Legal & General Investment Management (LGIM Real Assets) has acquired a 6.2-acre freehold estate in Horsham, West Sussex on behalf of its Industrial Property Investment Fund (“IPIF”). LGIM Real Assets and its development partner, Graftongate, plan to speculatively develop a prime multi-unit industrial/logistics scheme on the site of Wilberforce House
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
Graftongate has started work on the construction of a £10m Gloucester development. Gloucester 12 sits adjacent to junction 12 of the M5 motorway. It already incorporates a 120,000 sq ft warehouse unit sold to International Plywood. A further four units are being developed and will comprise 17,516 sq ft, 26,465
Work has commenced on Fujifilm’s new £8 million headquarters in Bedford. Fujifilm has signed an agreement to take a 10-year lease on a 30,000 sq ft green-focused office building at Cardington Road, Bedford. Graftongate is developing the new three-storey building, which will provide office space and dedicated workshop space and
Leading real estate developer, Graftongate, has committed to delivering a new £30 million advanced helicopter logistics hub on behalf of Italian aerospace giant, Leonardo. The 210,000 sq ft project in Yeovil, Somerset, will see the consolidation of eight existing warehouses into one all-encompassing logistics hub. The single-site logistics facility will
Aberdeen Standard Investments and development partner Graftongate are toasting the success of a multi-let urban logistics development in north London, where a new craft brewery is fully operational. Independent British brewer, Beavertown Brewery, has launched its state-of-the-art Beaverworld facility at Enfield Distribution Park (ENDP), having signed a 25-year lease on
Private equity real estate investor, Paloma Capital and leading real estate developer, Graftongate, have gained planning consent for the speculative development of a new urban logistics scheme in north London. Urban Logistics Tottenham will deliver seven new Grade A industrial/warehouse units totalling c.65,000 sq ft on a 2.31-acre site at the corner of Brantwood Road and Willoughby Lane, Tottenham. The new buildings will vary in size from 6,320 sq ft to 36,970 sq ft and can be combined to suit occupier demand. Paloma Capital and Graftongate will target BREEAM ‘excellent’ and an EPC ‘A’ rating for the new scheme, which is expected to be available for occupation from Q4 2023. Charles Lunnon, Director at Paloma Capital, said: “Warehousing remains the most attractive mainstream UK real estate sector and inner London has the greatest disconnect between supply and demand. This acquisition presents a very rare opportunity to develop a strategically located high quality last-mile logistics scheme to address this demand.” Alex Thomason, development manager, Graftongate, said: “Urban Logistics Tottenham will deliver first class logistics accommodation in a strategic location just 30 minutes from central London. This is a highly prominent and accessible estate with exceptional transport links that will appeal to the occupational market.” Urban Logistics Tottenham is located at the edge of the Meridian Water Masterplan area, providing direct access to the A406 North Circular via Angel Edmonton Road and easy access to junction 25 of the M25. For more information, please contact the scheme’s retained agents, DTRE and Cushman & Wakefield or visit www.urbanlogisticstottenham.co.uk Building, Design & Construction Magazine | The Choice of Industry Professionals
Legal & General Investment Management (LGIM Real Assets) has acquired a 6.2-acre freehold estate in Horsham, West Sussex on behalf of its Industrial Property Investment Fund (“IPIF”). LGIM Real Assets and its development partner, Graftongate, plan to speculatively develop a prime multi-unit industrial/logistics scheme on the site of Wilberforce House in Southwater, south of Horsham town centre. The proposed scheme would see the development of seven new warehouse units totaling almost 100,000 sq ft, including integral office space. The scheme will target EPC A+, BREEAM Excellent and operational net zero carbon. Wilberforce House is currently let in its entirety to the RSPCA, which is relocating to smaller premises. LGIM Real Assets and Graftongate plan to develop the scheme on receipt of vacant possession in Q1 2023. Jonathan Holland, senior fund manager for LGIM Real Assets, said: “The purchase presents an excellent opportunity to acquire a development site to provide Grade A industrial stock in a supply constrained market and a sector where occupational demand is booming, and rental growth is set to follow. On expiry of the lease, this will be one of the most valuable development sites in West Sussex.” Alex Thomason, development manager at Graftongate, said: “The redevelopment of the Wilberforce House estate offers an excellent opportunity to deliver high quality industrial/logistics accommodation in an established commercial location. The property occupies a prime position on Wilberforce Way and benefits from excellent transport links, being easily accessible via the A24 dual carriageway. We expect the scheme to generate significant interest from prospective occupiers.” Savills and Clay Street acted on behalf of LGIM Real Assets and Graftongate, the vendor was represented by Carter Jonas.
Legal & General Investment Management (LGIM Real Assets) has acquired a 6.2-acre freehold estate in Horsham, West Sussex on behalf of its Industrial Property Investment Fund (“IPIF”). LGIM Real Assets and its development partner, Graftongate, plan to speculatively develop a prime multi-unit industrial/logistics scheme on the site of Wilberforce House in Southwater, south of Horsham town centre. The proposed scheme would see the development of seven new warehouse units totaling almost 100,000 sq ft, including integral office space. The scheme will target EPC A+, BREEAM Excellent and operational net zero carbon. Wilberforce House is currently let in its entirety to the RSPCA, which is relocating to smaller premises. LGIM Real Assets and Graftongate plan to develop the scheme on receipt of vacant possession in Q1 2023. Jonathan Holland, senior fund manager for LGIM Real Assets, said: “The purchase presents an excellent opportunity to acquire a development site to provide Grade A industrial stock in a supply constrained market and a sector where occupational demand is booming, and rental growth is set to follow. On expiry of the lease, this will be one of the most strategic development sites in West Sussex.” Alex Thomason, development manager at Graftongate, said: “The redevelopment of the Wilberforce House estate offers an excellent opportunity to deliver high quality industrial/logistics accommodation in an established commercial location. The property occupies a prime position on Wilberforce Way and benefits from excellent transport links, being easily accessible via the A24 dual carriageway. We expect the scheme to generate significant interest from prospective occupiers.” Savills and Clay Street acted on behalf of LGIM Real Assets and Graftongate, the vendor was represented by Carter Jonas.
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/
Graftongate has started work on the construction of a £10m Gloucester development. Gloucester 12 sits adjacent to junction 12 of the M5 motorway. It already incorporates a 120,000 sq ft warehouse unit sold to International Plywood. A further four units are being developed and will comprise 17,516 sq ft, 26,465 sq ft, 38,227 sq ft and 41,288 sq ft of space, incorporating a high level of sustainability. Phil Silk, managing director of Graftongate, said: “This is the final phase of Gloucester 12, which will comprise four industrial/warehouse units totalling 123,500 sq ft. “Having recently completed the infrastructure works and secured planning permission we have decided to speculatively build these units given the strength of the market and having identified a lack of supply particularly of the sizes being built.” Myles Wilcox-Smith, partner at M1 agency and Edward Jenkinson, senior surveyor at Bruton Knowles, joint letting agents for the scheme, added: “These units are scheduled to be completed in November and will be constructed to a high standard, above institutional standards, to include 12m to underside of haunch for the largest unit with a substantial level of power available to the site.”
Work has commenced on Fujifilm’s new £8 million headquarters in Bedford. Fujifilm has signed an agreement to take a 10-year lease on a 30,000 sq ft green-focused office building at Cardington Road, Bedford. Graftongate is developing the new three-storey building, which will provide office space and dedicated workshop space and exhibition areas. It is being funded by a private investor. The world’s largest photographic and imaging company, Fujifilm employs 320 staff at its current headquarters on St Martins Way, Bedford, just 250 metres from the site of the new office. Named Fujifilm House, the new building will be characterised by its sustainability credentials, with low energy usage and green technologies deployed throughout. The BREEAM ‘excellent’ scheme incorporates solar panels, rainwater collection systems and biodiverse landscaping design. Graftongate and Fujifilm will work with the Wildlife Trust for Bedfordshire, Cambridgeshire and Northamptonshire as part of the development. Yoshitaka Nakamura, Managing Director of FUJIFILM UK Ltd., said: “The Fujifilm story is one of transformation and reinvention, and our new headquarters will reflect the next step of this journey, providing a site fit for our future in the UK. “As a company, Fujifilm has evolved far beyond our iconic little green box of photographic film to now play a pivotal part in the healthcare and life sciences industries – something we have harnessed to support efforts against Covid-19 here in the UK and around the world. “Fujifilm House will be home to our skilled colleagues in and around Bedford, bringing our various teams – from photography and large format printing to healthcare and diagnostics – under one roof as they work to advance culture, science, technology and industry, contributing to a better and healthier world together.” Colin Beasley, principal at Graftongate, said: “We’re hugely excited to be working with Fujifilm to deliver this impressive new headquarters building and cement the company’s long standing presence in Bedford. Our two businesses share a passion for green initiatives and close collaboration with local people. The sustainable credentials of Fujifilm House will create a net benefit to the wider economic and environmental community.”
Leading real estate developer, Graftongate, has committed to delivering a new £30 million advanced helicopter logistics hub on behalf of Italian aerospace giant, Leonardo. The 210,000 sq ft project in Yeovil, Somerset, will see the consolidation of eight existing warehouses into one all-encompassing logistics hub. The single-site logistics facility will help support Leonardo Helicopters’ global fleet through the warehousing of components and tooling in a state-of-the-art development, which has sustainability at its core. Its features include rainwater harvesting tanks for brown water services, full LED lighting throughout the facility and a heat recovery system in the main warehouse, which will be complemented by a modern office temperature control system. In addition, there will be a bank of electrical vehicle charging points. Graftongate will deliver the new development on a 35-year lease in partnership with a CBRE Investment Advisory retained pension fund. Leonardo’s logistics partner, Kuehne+Nagel, will operate the new facility under a ten-year logistics contract. Construction of the development will commence in August and is scheduled for practical completion in Q4 2022. Jamie Hockaday, Director at Graftongate, said: “We are very pleased to have collaborated with Leonardo Helicopters and Kuehne+Nagel to aid the delivery of the UK’s only onshore helicopter manufacturer.”
Aberdeen Standard Investments and development partner Graftongate are toasting the success of a multi-let urban logistics development in north London, where a new craft brewery is fully operational. Independent British brewer, Beavertown Brewery, has launched its state-of-the-art Beaverworld facility at Enfield Distribution Park (ENDP), having signed a 25-year lease on a 126,595 sq ft warehouse/production unit last year. The brewery was delivered on a pre-let basis with a tight delivery programme enabling brewing to commence within 12 months of the start of construction. Now up and running, Beaverworld comprises a bespoke five vessel Krones Steinecker Brewhouse, packaging space, warehouse, logistics hub and offices. It is expected to produce 90 million pints of beer every year and will eventually incorporate a 20,000 sq ft visitor centre with bars, tours and a restaurant, creating up to 150 new jobs. The brewery, founded by Logan Plant, the son of Led Zeppelin frontman Robert Plant, has been funded using a £40 million minority investment in the business by Heineken in 2018. It is the latest success at ENDP for ASI and Graftongate, where five of the six new warehouse/production units are already occupied. The joint venture partners recently announced the letting of a speculative 85,000 sq ft building to two-person home delivery specialist, ArrowXL, who join a strong list of occupiers including Cook’s Delights, Farmdrop and DFS. A planning application has been submitted for the final remaining plot at ENDP on a 2.5-acre site fronting A1055 Mollison Avenue, that can accommodate a unit of up to 50,000 sq ft on a design and build basis. Colin Beasley, Director at Graftongate, said: “We’re thrilled that Beaverworld is now fully operational. It has been a real pleasure working with Logan and his team to develop this exceptional facility, which promises to deliver one of the world’s best brewery experiences just a short distance from north London. Beavertown’s arrival secures another excellent company to ENDP, where we have concluded over 375,000 sq ft of lettings in six units over the last few years. We are expecting strong demand for the final unit of 50,000 sq ft which we intend to start building once planning consent in received.’’
