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Tag: prologis

Build-to-Suit Warehouse Headquarters

Posted on by David Priestman

Palletways, one of the UK’s leading palletised freight networks, has announced plans to relocate its national headquarters and core operations to a new purpose-built 640,000 sq ft facility at Fradley Park, Lichfield, Staffordshire.

Developed in partnership with Prologis UK, the project will consolidate Palletways’ operations, create space for future growth, and raise the bar for sustainable logistics buildings in the UK. The new site, located a short distance from the company’s current site at Fradley Park, will look to consolidate their operations in the area. Around 250 existing jobs will be secured for the Lichfield area, with the new facility set to create clear opportunities for further employment growth in the years ahead.

Palletways has been based in Lichfield since 1994, when it first established its operations in the UK. What began as a single site has grown steadily over the past three decades into a network that now supports more than 140 independent members and handles close to 6 million pallets each year.

Rob Gittins, Managing Director of Palletways UK, said: “Our decision to remain in Lichfield reflects the strength of our connection to the area and the role it has played in our success over the past 30 years. This new facility represents the next step in that relationship — creating space for growth while keeping us firmly rooted in the place where we began.”

By consolidating operations into a single, purpose-built site, Palletways will reduce handling times, improve tracking accuracy, support earlier finish times and more reliable delivery windows. The additional space and flexibility will also allow the business to trial new technologies and streamline logistics processes — helping its independent members operate more efficiently and deliver stronger service to their own customers.

Gittins added: “It has been clear for some time that we are outgrowing our existing site at Fradley Park, which has served us so well for nearly 30 years. We began looking at how we could secure local jobs with minimum disruption, create opportunities for long-term growth, and further strengthen our commitment to sustainability. We’re very excited about these plans, developed in partnership with Prologis, which reinforce all of those objectives. Our new headquarters will allow us to build on our service levels, provide better facilities and training opportunities for our staff, and offer even greater support to our members.”

A key factor for Palletways in selecting Prologis as development partner was the company’s ability to deliver sustainable logistics buildings that meet both environmental and operational needs — a close fit with Palletways’ ambitions for its new headquarters. This, backed by Prologis’ robust balance sheet and access to capital means that the development could be delivered for Palletways with confidence, once planning approval is in place.

The 640,000 sq ft facility will be delivered by Prologis and target BREEAM Outstanding and EPC A+ standards, placing it among the top-performing industrial buildings for energy efficiency. Features will include a 600kWp+ rooftop solar PV array, smart metering, rainwater harvesting, and high-efficiency systems to reduce both emissions and running costs. The new HQ has been designed with employee wellbeing and community connectivity in mind. The building will feature warehouse skylights to maximise natural light, alongside secure cycle parking and EV charging to encourage more sustainable commuting. A dedicated amenity space for Palletways workers will include soft and hard landscaping, seating and a covered area. A new cycleway and footpath, winding through natural landscaping and featuring native species will improve local access between Fradley and Streethay, creating benefits beyond the building itself.

Paul Weston, Regional Head at Prologis UK, said: “This is a development that supports jobs, productivity and sustainability in equal measure. It reflects the ambitions of a long-standing logistics leader, while also contributing to a cleaner and more efficient built environment. It also aligns with the UK’s broader goals to modernise infrastructure, support regional growth and enable more sustainable ways of working. By investing in high-quality logistics facilities outside major city centres, projects like this help strengthen local economies and future-proof the country’s supply chain network.”

The proposals are currently subject to planning approval. A public consultation is now underway, with a planning application expected to be submitted to Lichfield District Council in summer 2025. Subject to approval, construction is expected to begin in 2026, with occupation targeted for 2027.

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East Midlands Airport: Freeport Development

Posted on by David Priestman

In a recent announcement, UK Chancellor of the Exchequer Rachel Reeves highlighted the importance of the East Midlands Freeport development, emphasizing its role in driving economic growth and job creation. She stated: “Economic growth is the number one mission of our Plan for Change. This investment will create thousands of new jobs, strengthen the UK’s position in advanced manufacturing and logistics, and boost the economy.”

East Midlands Airport (EMA) is advancing its Freeport plans with a new industrial logistics and manufacturing park, unlocking $1.3bn (£1bn) of investment. Located south of EMA, the site will offer tax and customs reliefs, attracting investment and fostering growth in life sciences and advanced manufacturing. EMA is seen to be the UK’s most important airport for express air cargo which enables seamless trade between UK businesses and the rest of the world, helping to support the regional and national economy.

A planning application has been submitted, with potential for 2,000 new jobs, £132m annual economic growth, and £9m in business rates. EMA’s strategic location and strong transport links make it the UK’s top express freight airport. Air cargo volumes are projected to grow by 54% by 2043.

EMA’s cargo operations have already attracted businesses in aeronautical, automotive, retail, pharmaceutical, and logistics sectors. This new development will further cement its role in global trade and innovation.

Sustainability is central, with adherence to the UK Green Building Council’s net-zero carbon framework. During construction, carbon emissions will be measured and reduced, and operational buildings will meet EPC A+ energy efficiency standards.

Steve Griffiths, Managing Director of EMA, emphasized the significance of this step, stating: “This is an exciting step forward for growth in and around the airport. Our unrivaled cargo operation continues to act as a catalyst for investment, and we look forward to building on its success.”

Tom Newman-Taylor, CEO of East Midlands Freeport, echoed this sentiment, highlighting the transformative impact of the Freeport’s tax sites: “This is a positive first step in realizing the full potential of the Freeport, creating thousands of jobs and unlocking billions in investment.”

Paul Weston, Regional Head, Prologis UK said: “Our partnership with MAG aims to realise the full potential of this strategic hub for international logistics.

“Our shared vision is to leverage the Freeport status and central location of EMA to create a high-impact gateway that drives economic growth, innovation and employment opportunities across the Midlands. By bringing our expertise in logistics developments to the table, we are confident that our partnership will unlock significant benefits for both the local community and the broader UK economy.”

This development underscores EMA’s critical role in driving economic growth and innovation, positioning it as a key hub for logistics and advanced manufacturing in the UK.

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Logistics Site Acquisition Highlights Key Warehousing Trends

Posted on by Will Priestman

Prologis, a global leader in logistics real estate, has made an acquisition of a flagship logistics site in Park Royal, London, from DTZ Investors. This move is not only significant for Prologis but also highlights broader trends shaping the warehousing industry in the UK and globally, particularly in light of current events and evolving market dynamics.

The Evolving Role of Warehousing in a Post-Pandemic World

The COVID-19 pandemic has fundamentally transformed the warehousing industry. As consumer behavior shifted dramatically towards e-commerce, the demand for warehousing space, especially in urban areas, surged. The need for efficient supply chains and last-mile delivery capabilities became more critical than ever. This shift has led to a rapid expansion of the warehousing sector, with companies like Prologis investing heavily in strategically located properties to meet this new demand.

Prologis’ acquisition of the Park Royal estate is a direct response to these market changes. Park Royal, as one of the UK’s largest and most established industrial hubs, offers the modern infrastructure and prime location that are essential for meeting the logistical challenges of a post-pandemic world. The estate’s ability to support last-mile delivery is particularly valuable as consumers increasingly expect faster delivery times, putting pressure on supply chains to be more responsive and efficient.

Warehousing as a Key Component of Supply Chain Resilience

The pandemic exposed vulnerabilities in global supply chains, leading to a reevaluation of how goods are stored and distributed. Warehousing has emerged as a critical element in enhancing supply chain resilience. Companies are increasingly looking to invest in warehousing space that can act as buffer stock, ensuring that they can continue to meet customer demands even when disruptions occur.

Prologis’ investment in Park Royal reflects this broader industry trend. By acquiring a large, strategically located logistics estate, Prologis is positioning itself to offer the kind of flexible, high-capacity warehousing solutions that are now in high demand. This move also aligns with the growing emphasis on reshoring and nearshoring manufacturing and distribution activities to mitigate the risks associated with global supply chain disruptions.

The Impact of Geopolitical Events on the Warehousing Industry

Current geopolitical events, such as Brexit and ongoing trade tensions, have further underscored the importance of warehousing in maintaining supply chain continuity. The uncertainty surrounding trade agreements and border controls has led businesses to increase their inventory levels, driving up demand for warehousing space. In the UK, the effects of Brexit have made it more crucial for companies to have secure, reliable logistics infrastructure within the country.

Prologis’ acquisition in Park Royal, a key logistics hub within Greater London, is a strategic move that acknowledges these challenges. By securing a prime location in one of the UK’s most significant industrial areas, Prologis can offer its clients a robust platform to navigate the complexities of post-Brexit trade and ensure that their operations remain efficient and uninterrupted.

Sustainability and the Future of Warehousing

Another key trend influencing the warehousing industry is the growing focus on sustainability. As environmental concerns take center stage, companies are under increasing pressure to reduce their carbon footprint. This has led to a demand for green logistics facilities that incorporate energy-efficient technologies, renewable energy sources, and sustainable building materials.

Prologis has been at the forefront of this movement, and the Park Royal estate is expected to reflect these values. Modern logistics estates like Park Royal are not just about location and infrastructure; they are also about sustainability. Prologis’ commitment to incorporating sustainable practices into its properties is likely to enhance the value of the Park Royal estate and attract tenants who are looking to align with global sustainability goals.

Conclusion: A Sign of the Times for the Warehousing Industry

The acquisition of the Park Royal logistics estate by Prologis is emblematic of the broader changes sweeping through the warehousing industry. In a world where e-commerce is booming, supply chains are being restructured, and sustainability is becoming a top priority, the need for strategically located, modern, and resilient logistics facilities has never been greater.

As the warehousing industry continues to evolve in response to current events, Prologis’ strategic investments in key markets like Park Royal position the company as a leader in providing the infrastructure necessary for businesses to thrive in an increasingly complex and demanding global environment. This acquisition not only enhances Prologis’ portfolio but also signals the ongoing transformation of the warehousing sector as it adapts to new challenges and opportunities.

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Planning Granted for Extension to Major ‘Golden Triangle’ Logistics Park

Posted on by Will Priestman

Prologis UK, a leading owner, investor and developer of logistics property, is bringing to market an additional 159,000 sq. ft. of space to the logistics ‘Golden Triangle’ through an expansion of Prologis Park Coventry. Planning consent has been granted to deliver either a single unit or two-unit scheme on the site, depending on customer demand.

Located five minutes from M6 J3 and within 15 miles of five different motorways, Prologis Park Coventry is a highly sought-after location for businesses within the automotive and wider logistics sector. The scheme provides a unique opportunity for prospective customers to take full advantage of Prologis UK’s build-to-suit offering and secure prime logistics space in one of the UK’s most desirable locations.

Planning Success

This latest investment follows a string of other recent planning successes for the business, including at Prologis Parks Luton, Hemel Hempstead and Croydon. Once complete, the scheme at Prologis Park Coventry will bring the total value of assets under Prologis management in the Midlands to over £3 billion and the business’ Warwickshire footprint to over 3.4 million sq. ft., spread across its holdings at Prologis Park Ryton and Prologis Park Coventry.

Maria Bailey, Head of Planning at Nuneaton and Bedworth Borough Council, added: “It is our foremost priority to support activity which will directly provide a net benefit to our region. The granting of this planning application means that there are more chances than ever for the local community to pursue roles within a stable and progressive industry. Supporting the growth of businesses, and attracting more commercial activity to the area, will secure the delivery of a valuable employment site and bring inward investment and jobs to the borough.”

Success at Prologis Park

Planned with employee wellbeing in mind, the scheme is located opposite Coventry Country Park with connecting access routes for employees and the community. Another key feature of Prologis UK’s PARKlife offering, landscaped communal areas have been drawn up in the planning designs.

With the opportunity to be neighbours with major companies such as IFCO, Halfords, DHL, Parcel Force and Co-Op, the unit will be delivered to Prologis UK’s high sustainability standards, targeting an EPC A and BREEAM ‘Excellent’ rating, as well as being net zero carbon in construction.

Caroline Musker, Head of Planning at Prologis UK, said: “This multi-million-pound expansion of Prologis Park Coventry will help to activate growth of local businesses and generate further inward financial opportunities. We pride ourselves in our expertise in providing agile spaces that deliver scalable groundbreaking solutions. Delivering flexibility through our two permissions at this scale means we can be adaptable to the market and the requirements of prospective tenants.”

Busineses at Prologis Park Coventry are supported by a highly skilled labour pool and potential talent base that is ideally suited to the logistics and distribution operations, across a wide range of sectors.

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Warehouse Project Construction Launched

Posted on by Keith McKinley

On 23rd January, Prologis and Yusen Logistics (Germany) GmbH celebrated the start of construction of the logistics facility in Bottrop in accordance with Japanese and German tradition. After the traditional sake barrel ceremony ‘kagami-biraki’, the customary ground-breaking ceremony in Germany took place to officially start the development of the 57,200 square metre property.

A sustainable logistics facility with two properties is being built on the Braker Straße site, which Yusen Logistics will use as a new European central warehouse for Mitsubishi Electric. The buildings will be constructed in accordance with the BEG-40, WELL Building Gold and DNGB Platinum standards. To achieve this, the buildings will be constructed as so-called all-electric buildings and heated with heat pumps. Solar panels will be installed on the roofs of each of the two property units. This should enable Yusen Logistics to cover its entire electricity requirements. These measures help the company to save more than 7,000 tonnes of CO2 every year. Prologis is also creating a comfortable and pleasant working environment on the site with electric charging stations for cars and bicycles, green façades, an outdoor gym and table tennis tables. The brownfield project is scheduled for completion at the end of 2024.

“The logistics centre in Bottrop is a high-quality addition to our nationwide real estate portfolio, as the strategically advantageous and central location in the Ruhr region not only facilitates Yusen Logistics’ daily operations, but also supports efficient supply chains,” says Philipp Feige, Vice President, Head of Capital Deployment at Prologis.

Project manager Christina Deuß, Director, Capital Deployment Germany at Prologis, adds: “At the same time, it is in line with our sustainability strategy to reutilise old brownfield sites. The site, which was formerly used by a steel production company, is ideally suited for the construction of the logistics facility with high sustainability standards.”

Around 70 people attended the ground-breaking ceremony, including representatives from Prologis, Yusen Logistics, Mitsubishi, the responsible estate agent, the consultancy and construction company, the city of Bottrop and the Bottrop Economic Development Agency.

“The combination of Japanese and German traditions at the ground-breaking ceremony symbolises much more than just the start of a construction project. It symbolises the coming together of different cultures, reflecting our global perspective and the diversity of our partnerships,” explains Toshikazu Shiota, Managing Director at Yusen Logistics (Germany) GmbH. “The project also epitomises our efforts to increase the efficiency of our logistics services while demonstrating our commitment to sustainable practices. Our collaboration with Mitsubishi Electric and Prologis is an important step in advancing standards in the logistics industry.”

Seven Supply Chain Predictions for 2024

Posted on by Keith McKinley

Prologis Europe is pleased to release its Seven Supply Chain Predictions for 2024. Prologis Research continues to leverage decades of industry experience and proprietary data, as well as unique insights from its 114-million-square-metre global portfolio and 6,700 customers to provide the following forecasts.

Trend 1: The global freight recession will reverse
Signified by double-digit growth in port and truck traffic, the global freight recession is expected to reverse.

Trend 2: The Great Construction Bust will intensify
The Great Construction Bust will intensify, with global starts hitting their lowest level since the 2008 financial crisis. Construction costs rose by 5-10% during 2023 in most geographies, with an exception in Europe. Set against cap rates expanding globally, with Europe showing an increase of approximately 150bps, reduced development margins have curtailed development starts. In 2023, spec development starts are down more than 50% globally. Investments in manufacturing and infrastructure and a stabilising housing market supported demand for construction materials, buttressing commodity prices. At the same time, labour markets remained tight, adding to cost pressures.

Trend 3: Latin America rents will grow at more than double the global average
Latin America has experienced record demand and this will continue into 2024, especially in Mexico as nearshored manufacturing capacity comes online. However, vacancy rates are below 2% in Mexico and forecasted to remain tight throughout 2024, meaning customers will have to compete for limited space. Supply constraints include access to sufficient power, especially for new manufacturing-related requirements, as well as permitting.

Trend 4: Annual demand in China will reach the second-highest level on record
Net absorption in China will reach the second highest level on record, helping to work through excess supply from the past few years. Fiscal and monetary policy will further ease in 2024, providing demand- and supply-side incentives to emerging technologies, such as new energy vehicles (NEVs) and charging stations, renewable energy and chipmaking capabilities. E-commerce growth, which slowed to 8% y/y through October 2023, will reaccelerate to 10% or more in 2024.

Trend 5: Technology, especially artificial intelligence, will drive up energy requirements in logistics facilities
This will incentivise warehouse owners to double solar capacity. Spending into AI research and development is on a secular rise. At the same time, automation solutions will grow. We expect half of warehouses to utilise autonomous mobile robots in the next decade and 10-20% adoption of automated storage/retrieval systems in the next 10-15 years. Electric vehicle (EV) charging needs are rising. While China leads the deployment of electric trucks, adoption has broadened in Europe. Solar energy is key for sustainable power generation. Costs are economically feasible, and government incentives can fast-track adoption. In addition, supply chain issues are unlikely to continue to restrain solar installations in 2024.

Trend 6: Interest rate declines will double private equity real estate funding in 2024
Our projections take the bull case on interest rate cuts. Institutional dry powder is waiting on the sidelines, and interest rate declines in the second half of the year will unlock entry into the market as the capital markets cycle begins to turn.

Trend 7: Cap rate movements will reverse
Cap rate movements will reverse — and European cap rates expected to compress while expansion rotates to Asia. Per prediction #6 above, cost of capital is expected to decline in Europe.

Conclusion:
These predictions are based on insights from our unique platform, and we’ll revisit them at year-end. Our outlook highlights 2024 as a year of healthy demand growth, constrained supply, technological evolution of logistics facilities and a turning of the capital markets cycle.

Planning Permission for Logistics Park

Posted on by David Priestman

Planning permission has been granted for a further phase of development at Prologis Park Hemel Hempstead, Hertfordshire, UK, as a result of collaboration between leading owner, developer and investor of logistics property, Prologis UK and Dacorum Borough Council. The next wave of development will see five new units being built within Maylands Business Park, which is already home to a number of businesses, including Hermes and Vitabiotics.

Prologis UK and Dacorum Borough Council have worked closely over recent years to deliver large-scale and complex logistics property developments to the area. Prologis Park Hemel Hempstead has played an important role in supporting logistics and supply chain operations in South East England and, once complete, will see the Park grow by over 280,000 sq. ft., with the new units ranging between 19,000 and 75,000 sq. ft..

The granting of planning permission for this next phase of development forms part of a drive to deliver long-term, high-quality infrastructure, in line with the Think Hemel initiative; a vehicle to promote and drive investment for the town.

All of the new units have been designed with customer needs and sustainability in mind and will feature unique brise soleil cladding. In line with Prologis UK’s sustainability commitments, the units will all include a rooftop solar array, target an EPC A+ and BREEAM ‘’Outstanding” rating, as well as being net zero carbon in construction. Once complete, the new units will support the delivery of an additional £7 million of social value to the local area.

Construction is planned to commence in Q1 2024 and is due to be complete in Q1 2025.

Caroline Musker, Head of Planning, Prologis UK, said: “Gaining permission for our expansion to Prologis Park Hemel Hempstead is an example of what a truly effective partnership can look like. Over the years of working with Dacorum Borough Council, we have formed a deep understanding of what each other wants, resulting in the ability to deliver seamless packages of work. It is a privilege to be developing in such a great urban location and to be a part of a growing community. We look forward to seeing the units come out of the ground in 2024.”

Councillor Sheron Wilkie, Dacorum Borough Council, said: “Prologis UK continually proves itself to be a valuable and meaningful partner to the Borough, and we were pleased to collaborate in such a meaningful way on this development. The success of our partnership approach over the years has resulted in a number of swift planning applications, with the five new units at Prologis Park Hemel Hempstead the most recent. As our community continues to grow, we’re pleased to have Prologis UK grow with us, and in particular are looking forward to seeing how its developments help those in our community find work.”

London DCs offer Flexibility, Quality, Location

Posted on by David Priestman

Prologis UK, a leading logistics property owner, developer and investor, is further expanding its portfolio with the completion of two new high-quality units, DC5 and DC6, at Prologis Park West London, which are ready to let. Situated at a prime logistics location, both properties benefit from excellent transport links into West and Central London.

Demand for high-quality, sustainable logistics space is growing and to meet customers’ needs, Prologis UK is investing in speculative development to provide the right space in the right locations. The new units at Prologis Park West London also benefit from best-in-class sustainability features as standard and short-term, flexible lease options.

Comprising 194,433 sq. ft., and 143,053 sq. ft. respectively, DC5 and DC6 have been designed with optimal energy efficiency in mind. Both exceed net zero carbon targets in construction, with an EPC A+ rating and BREEAM Excellent. In addition, both units have a ready-to-use rooftop array of solar panels, with a generating capacity of 227kWp (DC5) and 198kWp (DC6). They also benefit from energy efficient VRF heating and cooling systems.

To ensure the move-in process is as smooth as possible, Prologis Essentials offers a range of specialist services to help customers to fit out the new space and tailor the unit according to their needs.

As well as having strong access links, both units overlook the Grand Union Canal, opposite Stockley Park, providing external recreational opportunities and local amenities for employees and the local community.

Prologis Park West London benefits from direct access to the major consumer markets of West and Central London, Heathrow Airport and Thames Valley. Close to the M4, M25 and M40, DC5 offers 30 HGV spaces, and DC6 offers 18 HGV spaces. Both units have electric cycle charging infrastructure in situ offering emission-free transportation for employees and visitors, as well as ready-to-use ducting for EV fleets.

Jason Pickering, Director, Capital Deployment & Leasing at Prologis UK, said: “These high-quality, sustainable units and their unique package of features and services, demonstrate our commitment to exceeding our customers’ expectations. What we are offering here is excellence in three key areas – flexibility, quality and location.

“Prologis Park West London boasts best-in-class sustainability features, delivering a high-quality, sustainable specification as standard. In addition to this it is a great accomplishment to have built both units Beyond Net Zero Carbon Construction, positively contributing to our customers’ net zero journeys.”

Logistics Real Estate Cycles to be less Volatile

Posted on by Keith McKinley

Prologis, a global leader in logistics real estate, today released new research findings, “What’s next: Four forces shaping the logistics real estate cycle”.

Businesses moving goods across the globe are still digesting and trying to cope with the rapid changes in economies, supply chains and logistics real estate affected from the past three years. In
this report, Prologis Research updates our views on demand, supply and the long-term outlook for logistics real estate.

Prologis Research finds four forces shaping the logistics real estate cycle at a global scale:

• Future logistics real estate cycles will be less volatile because of the multiplier effect on demand (20%+ more logistics space needed for every unit of GDP vs. pre-pandemic) and structural discipline in supply.
• Service levels are fuelling demand again. Customer network expansion needs are rooted in offering the speed and choice demanded by the end consumer to compete for revenue.
• The future of supply chain is resilience to persistent disruption through higher inventory carry, diversification of sourcing and near-shoring. We are now past the pandemic bullwhip, but long-range planning is subject to economic headwinds.
• New building deliveries will contract by 35% or more in the U.S. and Europe in 2024, creating a window for positive demand to take market vacancies further below historic norms in late 2024 and 2025.

The research underscores Prologis Europe’s ability to support business growth and supply chain expansion by being where their customers need them to be — and leveraging access, healthy balance sheet and scale to support them at every step of their warehouse journey, be it built-to-suit developments, energy efficiency solutions or operational optimisations.

Read the full report here.

Prologis adds 700,000 sq.ft. UK Warehousing

Posted on by David Priestman

Prologis UK, owner and developer of logistics property, has completed a £240m portfolio of development across London and the Midlands, bringing 627,724 sq. ft. of prime new UK warehousing space to the market across three strategically located sites, with a further 62,537 sq. ft. comprehensively refurbished in Birmingham’s strongest market.

The construction projects at Prologis Park Midpoint and Prologis Park Bromford Gate, both located in Birmingham, and at Prologis Park West London and Prologis Park Brooklands in Weybridge exemplify the business’ continued commitment to providing market-leading logistics property.

The new 163,754 sq. ft. unit, DC6 at Prologis Park Midpoint, has brought the total floor space of one of the UK’s most successful logistics parks to over 1.6 million sq. ft. and is located within the logistics “Golden Triangle” in the Midlands. Net zero carbon in construction, and with a BREAAM ‘Excellent’ rating and EPC A+, the new unit is located just eight miles from central Birmingham and has access to 11 motorway junctions within five miles, making it perfectly situated to support growing supply chain needs.

Similarly, the recently refurbished unit DC1 (62,537 sq. ft.) at Prologis Park Bromford Gate is situated just over three miles from Birmingham City Centre and as one of Birmingham’s most prominent and recognisable parks is easily accessible from the M6 from both junctions 5 and 6. The unit’s comprehensive refurbishment included enhancing the employee amenity and shower facilities, installing LED lighting throughout and providing EV charging provision to achieve an EPC A rating.

Turning attention to the London market, there has been an increased focus on the need for more high-density urban hubs to provide greater last-mile capabilities. In response to the growing needs of the industry, Prologis UK has broken ground on two key development areas within Greater London.

Strategically positioned to ensure access to the major consumer markets within West and Central London as well as the Thames Valley, two new units have reached completion at Prologis Park West London.

With a combined footprint of 339,569 sq. ft., units DC5 (195,720 sq. ft.) and DC6 (143,849 sq. ft.) stand as testament to Prologis UK’s commitment to setting standards in the industry. Beyond net zero in construction and EPC ‘A’-rated, both units also boast solar photovoltaics (PV) and will serve to help alleviate the increased need for high-density urban hubs that can provide greater last-mile capabilities. Both DC5 and DC6 are available immediately on flexible short term leases, a unique proposition in a competitive market.

Likewise, Prologis Park Brooklands DC1, achieved – BREEAM ‘Excellent ‘and EPC A+, is situated in a proven last-mile delivery location, serving Central and South London, with easy access to the M25, M3 and A3. The new 124,401 sq. ft. logistics facility draws upon a large and skilled labour pool from Weybridge and surrounding areas. Both Prologis Park West London and Prologis Park Brooklands are designed and built to meet the demands of high-performance operations.

Paul Weston, Regional Head at Prologis UK, said: “Our investment into such an extensive development programme goes to show the lengths to which we are prepared to go to service the market, and our customers. After listening to the market, we’re excited to be completing our new units that push the boundaries of what is achievable in the industrial and logistics sector. Having led the charge for sustainable and innovation in logistics property developments, we’re proud to continue our legacy of providing spaces that truly add value to our customers and communities.”

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