Panattoni, the world’s largest privately owned industrial developer, has secured planning consent for Panattoni Park Reading, a new speculative logistics development providing up to 106,453 sq ft of Grade A space in one of the UK’s most supply-constrained markets.
Panattoni Park Reading comprises two units of 50,329 sq ft and 56,124 sq ft, which can also be combined to offer a single larger facility. Situated directly on the M4, the site provides access to more than 25% of the UK population within a 1-hour drive, making it one of the most strategically located logistics opportunities in the South East.
Delivered on a speculative basis, Panattoni Park Reading will bring much-needed modern warehouse space to the Thames Valley, where vacancy rates remain among the lowest in the country and demand consistently outstrips supply.
The development will be built to the highest specification, with 1 MVA of power and 50-metre yard depths to support efficient operations. Both units will achieve EPC ‘A’ and BREEAM ‘Excellent’ ratings, underscoring Panattoni’s commitment to sustainability. Further features include roof-mounted solar panels, rainwater harvesting, electric vehicle charging infrastructure and cycle parking.
The scheme will also deliver meaningful local benefits, including the creation of around 150 jobs, a new public footpath linking Hoad Way and the High Street, and significant planting and landscaping to integrate the development with neighbouring homes and the wider community.
Construction is scheduled to begin in Q1 2026, with practical completion expected in Q2 2027.
Alex Mitchell, Associate Development Director at Panattoni, said:
“Panattoni Park Reading will deliver high-specification, sustainable warehouse space into the Thames Valley, one of the most under-supplied logistics markets in the UK. By developing speculatively, we are ensuring that space will be ready to meet occupier requirements at pace. At the same time, the project will generate new employment opportunities and deliver tangible benefits for the local community. We are really looking forward to bringing forward the development.”
The development represents a significant addition to Panattoni’s UK portfolio and is expected to meet strong occupier demand along the M4 corridor, attracting leading companies seeking high-quality, sustainable space with direct access to London and the wider South East.