Panattoni starts third speculative logistics development on south coast this year

panattoelement on June 28, 2023

Panattoni starts third speculative logistics development on south coast this year

Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing a 268,063 sq ft last-mile logistics development at Brighton.

Panattoni Park Brighton will comprise of seven units, ranging from 19,834 sq ft to 55,632 sq ft, which will be built to a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’ to prioritise energy efficiency and reduce operating costs. They will benefit from eaves ranging from minimum 7m to 10m, 15% roof lights and EV charging for vans and cars. The development is scheduled for completion in Q2 of 2024.

Situated adjacent to Brighton City Airport and the A27 dual carriageway, Panattoni Park Brighton will deliver much-needed Grade-A space within this fast-growing region.

It will be the third development for Panattoni this year south of London, joining a 452,469 sq ft last-mile development at Burgess Hill and a 200,000 sq ft development in Crawley. This reflects Panattoni’s confidence in the strength of the south coast logistics market, where the demand-supply imbalance is acute.

David McGougan, Development Director at Panattoni, said: “This development presents a very rare industrial and logistics opportunity. Panattoni Park Brighton is the ideal location for last-mile delivery operations looking to address consumer markets clustering the south coast. We look forward to bring forward these speculative units.

“Brighton and Hove is predicted to become one of the UK’s top 10 fastest-growing economies by the end of 2023”.

Letting agents at Panattoni Park Brighton are DTRE, Savills and SHW.

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Panattoni submits plans for 80,000 sq ft speculative logistics development at prime Heathrow site

panattoelement on May 10, 2023

Panattoni submits plans for 80,000 sq ft speculative logistics development at prime Heathrow site

Panattoni, the largest logistics real estate developer in the UK and Europe, has submitted plans for a speculative 80,000 sq ft last-mile logistics development in the sought-after Heathrow area, after purchasing the site in Q1 this year.

The detailed planning application for Panattoni Poyle 80 is for a net zero carbon development that will be built to a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’ with enhanced sustainability credentials, including photovoltaic roof panels along with the roof capable of full PV array and 20% electric vehicle parking spaces. The facility will also feature single-storey, grade-A office accommodation, 12.5m clear internal height, 5 dock doors, 2 level access doors, 37 car parking and 24/7 unrestricted use. Subject to planning consent, completion of the facility is expected in the third quarter of 2024.

Panattoni Poyle 80 is prominently located on Horton Road within 0.5km of junction 14 of the M25. Poyle is one of Greater London’s most established logistics locations owing to its direct access to the M25 and close proximity to Heathrow Airport’s passenger and cargo terminals and its last-mile connectivity with Europe’s largest consumer market, London.

Alex Mitchell, Development Manager, South East and London, at Panattoni, said: “The team has worked hard to quickly bring forward plans to submit for the development following the purchase of the site Q1 this year. Poyle 80 is a rare ultra-urban, last-mile opportunity, providing immediate access to the UK’s largest cargo terminal at Heathrow Airport. It is one of the very few opportunities capable of this national coverage and we hope to be able to bring this forward in the next coming months”.

Stephen Vickers, Commercial Delivery Director at Panattoni, said: “We are pleased to be moving forward on the delivery of the new site, with planning now submitted to deliver a sustainable facility for occupiers. Panattoni has reviewed the supply chain to make sure we are reducing our carbon output and delivering a net zero carbon development in construction. The facility will deliver a highly sustainable scheme to an excellent specification in a desired prime location”.

Agents at Panattoni Poyle 80 are DTRE and ACRE Capital Real Estate.

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Panattoni announced
Top Logistics Developer 7th Year in a row!

panattoelement on May 5, 2023

Panattoni announced
Top Logistics Developer
7th Year in a row!

Panattoni is the largest logistics real estate developer in Europe for the seventh year in a row, according to PropertyEU’s annual survey of logistics developers.

Panattoni delivered more than 86 million sq ft of warehouse space in 302 developments over the three years to the end of 2022, which was more than three times the amount of its nearest competitor.

Panattoni currently has more than 43 million sq ft of warehouse space under construction with an investment value of €5 billion, which is nearly 30% of the entire European development market of 150 million sq ft, according to PropertyEU.

Each year, PropertyEU publishes a list of the largest logistics real estate developers, based on the volume of floorspace delivered to the market.

To view PropertyEU article click here

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Panattoni hands over sustainable logistics facilities at Aylesford to DHL, Fowler Welch and Marley

panattoelement on April 18, 2023

Panattoni hands over sustainable logistics facilities at Aylesford to DHL, Fowler Welch and Marley

Panattoni, the largest logistics real estate developer in the UK and Europe, has handed over the keys to three leading companies at Panattoni Park Aylesford to DHL, the global logistics company, Fowler Welch, the temperature-controlled logistics company, and Marley, a UK leader in the manufacture and supply of pitched roof systems to the construction market.

The agreements for DHL to take a 110,406 sq ft facility, Fowler Welch to take a 97,891 sq ft unit and Marley to take a 9,945 sq ft design-and-build facility on long term leases were signed before construction began.

DHL’s new net zero carbon premises have achieved a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A+’. The 110,406 sq ft facility will become part of DHL’s network of last-mile hubs serving its customers across the South East.

Fowler Welch, a 97,891 sq ft building, has incorporated a 1.5MVA photovoltaic array covering the roof, a car park canopy and cycle shelter.

The peak electrical output from the solar panels is equal to the incoming supply, which means Fowler Welch will be able to operate fully from the power generated onsite.  The Fowler Welch facility has also achieved a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A+’.

The third building, occupied by Marley, is a 9,945 sq ft design-and-build facility, with both it and Fowler Welch signing long term leases before construction got under way.

Marley’s premises, which were built to a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’, will be used for storage and distribution. Marley will relocate its current operation and staff from Wrotham, six miles west of Aylesford.

These were the second, third and fourth facilities to be completed at Panattoni Park Aylesford, following the handover in September last year to Evri, the UK’s biggest dedicated parcel delivery company, of its 78,794 sq ft unit.

Alex Mitchell, Development Manager, at Panattoni, said: “The handing over of the three buildings marks another major milestone for our Aylesford development.

“We are determined to deliver on our promise to build a logistics and distribution park that is a benchmark for sustainability and a home for thousands of new jobs and expanding businesses.

Agents at Panattoni Park Aylesford are CBRE, Avison Young and JLL.

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Panattoni hires Scott Meakin from Tritax Symmetry

panattoelement on April 6, 2023

Panattoni hires Scott Meakin from Tritax Symmetry

Panattoni, the largest logistics real estate developer in the UK and Europe, has appointed Scott Meakin as a development surveyor to work on projects across the North of England.

Meakin has joined from Tritax Symmetry, the logistics development arm of Tritax Big Box REIT plc. Based in the Manchester office with a focus on the North West and Yorkshire, he will be supporting the growth of the developments and strengthening the ongoing speculative programme. He will work with Dan Burn, head of development for the North West and Yorkshire, and Andy Preston, head of development for the North Midlands and Yorkshire.

Panattoni has enjoyed continued success across the North West and Yorkshire regions, with some of the biggest deals in the market, including the letting of the 630,000 sq ft speculative shed at Panattoni Park Rotherham to Alliance Automotive Group. It has recently commenced construction of Doncaster 420, which at 417,570 sqft is the largest speculative development to have commenced on site nationally this year, and is also bringing forward a further 1.8 million sq ft at Panattoni Park Crewe.

Before joining Tritax Symmetry, Meakin worked for more than three years as a surveyor at Avison Young after graduating from Nottingham Trent University with a degree in real estate.

Dan Burn, head of development for the North West and Yorkshire, said: “Scott is a talented individual, who will play a key role in supporting our continuing development strategy in the UK. He will assist in bringing forward existing land and new site opportunities and will be a great asset to further grow our speculative portfolio. We look forward to Scott getting involved, sharing his knowledge with the business and growing our team further”.

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Panattoni breaks ground on net zero speculative development in Doncaster

panattoelement on April 4, 2023

Panattoni breaks ground on net zero speculative development in Doncaster

Panattoni has put the first spade in the ground to start speculatively developing its 417,570 sq ft logistics facility at Doncaster.

Winvic Construction Ltd has been appointed main contractor for the construction of Panattoni Doncaster 420, following the approval of planning consent from Doncaster Council in February. Completion of the development is expected in January 2024.

The development which is the largest speculative logistics facility under construction in Yorkshire, is strategically located close to junction 3 of the M18, the M1, A1(M) and M62 motorways. The facility benefits from its easy accessibility to the ports of Hull, Immingham and Liverpool.

Panattoni continue to deliver its commitment to developing sustainable buildings. This facility will be Net Zero Carbon and is being built to a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’.  Other sustainability features include 20% electric vehicle charging spaces, 15% roof lights and the roof being designed to hold up to 100% PV panels.

The project comprises 37 loading doors, an 85m deep yard with parking for 74 HGVs, 358 parking spaces, 15m clear internal height and up to 1.5 MVa of power.

Dan Burn, Development Director at Panattoni, said: “Panattoni are delighted to be underway with another sustainable speculative commitment in the South Yorkshire region and we were very pleased to welcome Cllr Glyn Jones and representatives of Business Doncaster to the site to witness the early progress we have made.

“Panattoni Doncaster 420 occupies a prime location in South Yorkshire with fantastic transport links, providing easy access to both national and international consumer and industrial markets.”

Danny Nelson, Director of Industrial, Distribution and Logistics at Winvic, said: “It’s great to be working in partnership with Panattoni once more and we’re delighted Winvic was selected to construct this facility due to our expertise in delivering projects with Net Zero Carbon credentials and delivering social value.  We will be working in partnership with Panattoni, our supply chain and the local authority to take an active role in the community, committing through an Employment and Skills Plan, to prioritise training and employment opportunities for local people and businesses. The team has just commenced the initial groundworks programme and we aim to build on our already excellent relationship with Panattoni throughout the project.

 

Letting agents are CPP, Colliers International and Cushman & Wakefield.

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Panattoni increases commitment to south coast logistics market with 452,469 sq ft speculative park

panattoelement on February 22, 2023

Panattoni increases commitment to south coast logistics market with 452,469 sq ft speculative park

Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing a 452,469 sq ft last-mile logistics development at Burgess Hill, 45 miles south of London.

Construction at Panattoni Park Burgess Hill follows the granting of planning consent by Mid Sussex District Council at the end of January and reflects Panattoni’s confidence in the strength of the south coast logistics market, where the demand-supply imbalance is acute. Panattoni’s expansion for developments south of London comes following purchases of sites in Crawley and Brighton.

Panattoni Park Burgess Hill is located on a 22-acre site, which fronts the A2300 dual carriageway and provides fast access to the A23/M23, Gatwick Airport, Brighton and the wider south coast markets, and is adjacent to facilities occupied by DPD and Roche.

Panattoni is intending to speculatively develop 14 units, with planning in place for light industrial, general industrial and warehousing and distribution. The units will be built to a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ and will benefit from 15% roof lights, electric charging points for vans and cars and up to 7.5 MVa of available power.

David McGougan, Development Director at Panattoni, said: “We are pleased to be bringing forward this first of three southern developments planned for 2024, which will provide 452,469 sq ft of space in 14 units. This scale of construction emphasises our continued commitment to speculative development in key, undersupplied markets.

“We start on site in March this year and will have all units completed and ready for occupation in the first quarter of 2024. We forecast that the delivery of these new units will provide up to 1,000 jobs to the region.

“We are delivering a wide range of unit sizes from 8,136 up to 142,815 sq ft in one phase to meet the high occupier demand for industrial and logistics space in the south market, where there is a critical lack of stock to serve such a big market of consumers”.

Agents at Panattoni Park Burgess Hill are DTRE, Lambert Smith Hampton and SHW.

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Panattoni wins planning consent for 417,570 sq ft speculative logistics development at Doncaster

panattoelement on February 15, 2023

Panattoni wins planning consent for 417,570 sq ft speculative logistics development at Doncaster

Panattoni, the largest logistics real estate developer in the UK and Europe, has secured planning consent for a 417,570 sq ft speculative logistics development at Doncaster.

Doncaster Council has approved Panattoni’s planning application for the facility, called Panattoni Doncaster 420, which will be one of the largest speculative logistics facilities across the Yorkshire region.

Panattoni will shortly commence speculative development of Panattoni Doncaster 420, which is close to junction 3 of the M18, with completion expected in January 2024. The facility will be built to a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’, with many sustainability features, such as electric vehicle charging points and 15% roof lights, incorporated into the development. It will also benefit from 15m clear internal height, 37 loading doors, a 85m deep yard with parking for 74 HGVs, 358 parking spaces and up to 1.5 MVa of power.

Dan Burn, Development Director at Panattoni, said: “Having recently pre-let 630,000 sq ft at Panattoni Park Rotherham, we are delighted to be bringing forward a further large speculative development in South Yorkshire. Panattoni Doncaster 420 offers great access to the regional motorway network and provides a large, skilled labour force.

“Despite the economic headwinds, occupier demand remains high across the region and supply constrained, particularly of ‘Big Box’ warehouses over 400,000 sq ft. We have been encouraged by early interest and look forward to commencing construction over the next few weeks”.

Letting agents are CPP, Colliers International and Cushman & Wakefield.

To find out more about the scheme, please click here 

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Panattoni Acquires Prime West London Site

panattoelement on February 9, 2023

Panattoni Acquires Prime West London Site

Panattoni, the largest logistics real estate developer in the UK and Europe, is working up plans for a speculative 80,000 sq ft last-mile logistics development in the sought-after West London catchment.

The net zero carbon development, which will be called Panattoni Poyle 80, is located west of London Heathrow and close to junction 14 of the M25 on a 3.2-acre brownfield site, which Panattoni has just acquired from CBRE Investment Management.

Panattoni is aiming to submit a planning application for the facility in Q2 2023, with a view to achieving practical completion in Q2 2024. The facility will benefit from enhanced ESG credentials, including PV roof and be built to BREEAM ‘Excellent’ with an EPC A rating.

Poyle is the second South East site to be acquired by Panattoni in the last 3 months, following a 12-acre site at Brighton City Airport.  The site acquisitions are part of Panattoni’s strategy for 2023, which will focus on speculative development in areas where there is a critical shortage of space and significant rental growth potential.

Tony Watkins, Head of Development at Panattoni, said: “This is a rare opportunity to acquire a prime logistics site near Heathrow Airport, which will provide direct access to London; it will also drive forward our ESG agenda for occupiers who are looking to upgrade and future proof their facilities”. Tony adds “…we will continue to selectively purchase key developments that offer value-add opportunities within core markets in London and the South East, where we can drive forward rental growth”.

 

Panattoni was advised by DTRE. CBRE Investment Management was advised by ACRE Capital Real Estate.

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Panattoni presses ahead with next phase at Panattoni Park Bolton

panattoelement on January 12, 2023

Panattoni presses ahead with next phase at Panattoni Park Bolton

Panattoni, the largest logistics real estate developer in the UK and Europe, has let two units totalling 360,000 sq ft at Panattoni Park Bolton to couriers UPS and EVRi and has now submitted plans for a third.

With work on phase one completed, Panattoni’s attention now turns to the last vacant parcel at the 21-acre former Bernstein’s Kitchen Factory site.

Located off Great Bank Road within Wingates Industrial Estate, the third unit will provide 48,000 sq ft of logistics space and benefit from 36 parking spaces.

Panattoni was granted hybrid planning permission for a total of 417,000 sq ft of industrial and logistics space in October 2020.

Consent for the Evri and UPS units was received in full, while outline permission was granted for the third and smallest unit.

Now, Panattoni is requesting full consent for the final piece of the Panattoni Park Bolton jigsaw.

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