Construction of Britain’s largest specialist shed begins

Pantonethe largest logistics property developer in the UK and Europe, has begun speculative development of 1.3 million square feet of logistics space, including the UK’s largest ever speculative logistics building in Avonmouth, Bristol.

The £280 million development, Panattoni Park Avonmouth, consists of two units measuring 406,000 square feet and 882,000 square feet. The larger of the two will be the largest camp ever speculatively built in the UK. Both units will be built in one phase and are expected to be completed in September 2023. ISG was appointed as the prime contractor.

The units will be built with a target BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’ and will benefit from extensive 50m yards, 17m+ headroom, ample car and truck parking and 8MVA of power.

Panattoni Park Avonmouth is strategically located for local and national distribution, London and wider South East markets, Avonmouth Docks, Royal Portbury Docks, Bristol Airport, Avonmouth Rail Freight Terminal and Bristol Parkway railway station as both the M4 as well as the M5 motorways are within easy reach. The development is close to leading logistics companies such as Amazon, DHL, The Range, TESCO and Lidl.

James Watson, Head of Development Southern England & London, Panattoni UK, said: “We have completed the purchase of this site despite the current macroeconomic challenges but are confident that the market for logistics users will continue to evolve. Our continued commitment to the ‘big box’ market is evidenced by this being the largest speculative development in the UK. We are delighted to be on site with the build and provide much needed space for such a limited supply market. Practical completion of Panattoni Park Avonmouth is September 2023.”

Robert Dobrzycki, CEO and co-owner of Panattoni Europe and India said: “The development of the largest speculative logistics building to date in the UK is testament to our global strategy of expanding our developments at the highest quality level and reflects our continued confidence in the logistics industry as well as ours Striving to provide much needed space for our international client base. Quality and a proven investment model – not just price competitiveness – are becoming our differentiators in the real estate market.”

Leave a Comment