Panattoni opens the Earth to the largest speculative logistical facility in the United Kingdom
Panattoni, the largest developer of industrial real estate and logistics services in Europe, began building a 91500 square meter logistical facility in Panattoni Park Swindon – where it has set a new standard as the largest project that was implemented in the United Kingdom.
This teacher follows the abandonment of the previous development in Panattoni, a unit of 88,500 square meters in Avonmouth, which confirms the strength of demand in the logistical services market on a large scale and reaffirming the company’s confidence in the speculative development strategy.
Panattoni Park Swindon is located at 360 acres for the former Honda Manufacturing Factory, and it becomes a manufacturing and manufacturing center, and provides 720,000 square meters of the latest area. The first phase of development includes a 91,500 square meter unit along with a second 54500 square meter attachment, which is already under construction. This stage represents an investment of 300 million pounds so far, with the support of American capital – a major vote on confidence in the logistics market in the UK. The total cost of the project, as soon as it is completed, will be. 900 million pounds and will add more than 1.2 billion pounds to the economy over the next ten years, creating up to 7,000 jobs on the site.
The site also includes a plot easily available for the largest unit with a detailed layout in the UK at a height of 120,000 square meters, which is available on a pre -pre -pre -preserved basis within 10 months.
James Watson, head of the Development Department – southern England and London in Panatoni, UK said: “After I recently rented Park Avenouth, the largest speculation warehouse built in the country, I am pleased to announce today that we are now starting to build a” demand “in Swindon. Panattoni Park Swindon is one of our biggest developments in the world and will be perfect in its separation,” said James Watson, Head of the Development Department – South England and London in Panatoni UK.
The vertical construction of the 91500 square meter unit is scheduled to start in June. The elbow is designed to meet the requirements of transgressors and high -sized logistics and manufacturing, and is an internal height of 21 meters, a cross service yard that extends more than 90 meters, and the leading ESG accreditation data. BREAM will be ranked “great” and achieves EPC classification.
In a strategic position just eight minutes from the intersection of 15 M4, the garden allows reaching 70 % of the UK population within 4.5 hours, providing unparalleled connection to logistics.