Panattoni, the largest logistics real estate developer in the UK and Europe, has completed the speculative development of two last-mile logistics parks on the south coast.
The developments at Burgess Hill and Brighton, along with a third development south of London at Crawley, where construction began last month, reflects Panattoni’s confidence in the strength of the logistics market on the M23 corridor, where the demand-supply imbalance is acute.
Panattoni Park Burgess Hill provides 14 units, ranging in size from 8,142 sq ft to 147,408 sq ft, totalling 457,733 sq ft. The park 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 Park Brighton, adjacent to Brighton City Airport and the A27 dual carriageway, comprises seven units ranging from 19,693 sq ft to 55,397 sq ft, totalling 267,074 sq ft.
Both parks have been developed with a strong focus on sustainability, achieving a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’. They incorporate advanced energy-efficient features that deliver significant cost savings. The buildings are equipped with LED lighting systems, which drastically reduce energy consumption and lower electricity expenses. Additionally, the incorporation of photovoltaic (PV) panels, which cover 10% of the buildings’ energy needs, allows for onsite renewable energy generation, further reducing tenants’ energy bills. The buildings are designed to exceed industry standards for energy efficiency, minimising environmental impact while maximising operational savings.
Oliver Winchcombe, Head of Portfolio Management and ESG at Panattoni, said: “Our commitment to sustainability is reflected in the features we’ve incorporated into our developments, which not only benefit the environment but also deliver significant operational cost savings to our tenants”.
David McGougan, Development Director at Panattoni, said: “These two developments are ideally suited for last-mile delivery operations, serving the densely populated and economically vibrant south coast region.
“The delivery of these two schemes emphasise our ongoing commitment to the London and wider southeast markets, which remain under supplied sue to a lack of speculative Grade A development of industrial and logistics space in recent years and in spite of the ongoing robust occupier demand in these areas”.
Letting agents at Panattoni Park Burgess Hill are DTRE, Lambert Smith Hampton and SHW and letting agents at Panattoni Park Brighton are DTRE, Savills and SHW.