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Tag: growth

Indurent Hits Milestone: 18 % Portfolio Growth in First Year

Posted on by Will Priestman

In just twelve months from its July 2024 launch, Indurent—a prominent developer, owner, and operator of UK industrial and logistics real estate—has delivered impressive results: more than £1 billion invested and 18 % growth in its portfolio. Indurent

A Strong Start from Day One

Formed through the integration of St Modwen Logistics and Industrials REIT, Indurent began with a robust foundation—solid development capabilities, a deep landbank, and a streamlined operating platform. Since inception, the company has scaled both workforce and operations with remarkable speed. Indurent

Scaling Up: Space, People, and Clients

  • Portfolio footprint: Expanded from approximately 27 million sq ft to 32 million sq ft, covering both multi-let industrial and big-box logistics formats across the UK Indurent.
  • Team growth: Workforce increased by nearly 30 %, now standing at 230 employees Indurent.
  • Client base: Now serving 2,500+ customers, from local trades to global giants like Amazon, and creative disruptors such as N2 Creative (set builders for Gangs of London) Indurent.

Leasing Momentum and Noteworthy Deals

Indurent has leased over 2.4 million sq ft of space across nearly 450 transactions during this period. Standout agreements include:

  • Herman Miller committing to a 110,000 sq ft build-to-suit unit at Indurent Park Chippenham.
  • AerFin, an aviation specialist, moving its headquarters into a 116,000 sq ft office and industrial facility at Indurent Park Newport—doubling its capacity. Indurent

Leadership Insight: Building a Sustainable Future

Julian Carey, CEO of Indurent, reflects on a milestone year:

“The strong momentum we’ve built in our first year as Indurent reflects the strength of our portfolio. We’ve been able to scale at pace, delivering highly sustainable space in prime locations and deploying market-leading tools like Hive to meet the needs of modern businesses.”

“There is growing recognition that logistics and industrial infrastructure form the backbone of the modern economy. Planning reform, supply constraints, and occupier demand are all creating tailwinds for growth. We’ve laid a strong foundation in year one, and we’re excited to build on it.”

Seafrigo expands in Nordics

Posted on by David Priestman

Seafrigo, the cold chain logistics expert, specialising in food logistics has officially inaugurated its fifth warehouse in Sweden, marking a significant expansion of its operations in the Nordic region. The new 10,000-square-metre facility, located in Katrineholm, southwest of Stockholm, boasts 30,000 pallet positions and will enable Seafrigo to further enhance a range of its services in the region.

The grand opening was conducted by Seafrigo President and Founder, Eric Barbé, alongside Group CEO, Bruno Plantaz, and Chief Projects Officer, Stéphane Desseigne. They were joined by Seafrigo Nordics Directors Peter Jönsson and Magnus Mohlin, along with customers and local councillors, for a tour of the state-of-the-art facility.

Seafrigo specializes in the storage and handling of foodstuffs across four temperature zones, ranging from frozen to controlled ambient conditions. The company’s Nordic operations are headquartered in Helsingborg, a facility that opened in 2018. Across the Nordics, Seafrigo handles 3,000 specialist pallets daily and conducts 600 tonnes of blast-freezing of meat per week. The new Katrineholm site alone has the capacity to handle 100 tonnes of blast-freezing every week, reinforcing Seafrigo’s commitment to providing premium, specialist logistics solutions.

Built to the highest environmental standards, the Katrineholm facility is Miljöbyggnad Silver certified, in accordance with Sweden’s stringent environmental building certification system. Additionally, Seafrigo operates fully electric trucks in the region, eliminating the use of diesel and further reducing the company’s carbon footprint.

Seafrigo Sweden is a key player in the protein logistics sector, handling beef, pork, and poultry. The company receives daily deliveries directly from slaughterhouses, blast-freezing products from +2°C to -18°C in preparation for export. The principal export markets for Seafrigo’s frozen products include Asia and Africa. The company also provides storage for meat before distribution to Swedish retailers.

With a robust infrastructure in place, Seafrigo ensures that 80% of the Nordic region receives overnight deliveries for products destined for local distribution.

“This new development enables us to further enhance Seafrigo’s extensive service offering across the Nordics and ensures we can better serve our customers’ precise, specialist needs,” said Managing Director Peter Jönsson. “Located close to major retailers’ national distribution centres, we can meet and exceed their requirements while maintaining our commitment to sustainability.”

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Logistics Industry Support Third Runway at Heathrow

Posted on by Will Priestman

The UK government’s support for a third runway at Heathrow Airport has sparked discussions within the freight and logistics sector. Industry representatives emphasize the importance of expanding cargo capacity to meet growing trade demands. While acknowledging the benefits of increased airport capacity, stakeholders also highlight the need for strategic planning to ensure efficient cargo operations. Key industry figures from the British International Freight Association (BIFA) and FedEx Europe share their perspectives on the potential impact of the expansion on UK trade and supply chains.

Speaking on behalf of its members, Steve Parker, director general of the British International Freight Association (BIFA) said:
“The Government’s backing for a third runway at Heathrow is certainly of interest to BIFA members that offer international logistics services for cargoes moving by air,  and although our members will still be wondering when any spade will hit the ground, they are ready to work with the airport authority on streamlining and improving services.

“Whilst we wait for a third runway, BIFA will focus on the airport’s cargo development. And on behalf of our members, BIFA is already working closely with the airport to support its ambitious plans to deliver a fundamental change to the way cargo operates at the airport. The latest plans and software enhancements were revealed last October. These plans would mean a significant redevelopment of the cargo estate set to commence in the next two to three years, as the airport looks to accommodate rising demand, modernise some ageing first-line cargo handling facilities, and improve cargo flows and efficiency.”

Alun Cornish, Manager Director Ramp and Gateways at FedEx Europe, commented:
Expansion at Heathrow is a step in the right direction for UK growth. To fully realise its potential, it’s crucial that expansion plans include provisions for cargo growth alongside passenger flights. The ability to efficiently import and export goods is essential for UK economic growth, so it’s vital that cargo forms part of the UK’s future airport strategy.

Trade is a cornerstone of our economy, and our research last year revealed that the UK remains a leading exporter to both the EU and other global markets. Increased capacity in UK supply chains would be welcomed and would be a key enabler of the UK’s plans for growth.

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