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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.”

Home Bargains Opens ‘Next-Generation’ Automated Warehouse

Posted on by David Priestman

UK discount retailer Home Bargains has officially opened its state-of-the-art automated distribution centre in St Helens, Merseyside, marking a significant milestone in its logistics and growth strategy.

Spanning approximately one million square feet, the facility operates 24/7 to support 300 Home Bargains stores across the UK. The centre has created around 1,000 jobs, including skilled system and engineering roles, and offers favourable shift patterns to promote a healthy work-life balance.

Strategically located off Junction 8 of the M62, the site is accessible via road, public transport, and a dedicated footway/cycleway linking it to St Helens, Warrington, and the wider Omega Business Park.

TJ Morris, the owner of Home Bargains, has invested approximately £400 million in this landmark development—a key step in the company’s ambitious growth strategy to expand the reach of Home Bargains stores across the UK.

The automation system, developed in partnership with WITRON, incorporates cutting-edge order picking technology, with up to 80% of stock picking now automated.

Construction began in April 2022, and the first store deliveries were dispatched on 5th May 2025. By the end of the ramp-up phase in August 2025, logistics capacity is projected to grow by over 57%.

Looking ahead, TJ Morris has commenced work on a second distribution centre in Doncaster, designed to mirror the St Helens facility with identical automated systems. Scheduled to open in 2028, the Doncaster site will provide capacity to deliver to a further 300+ stores, further supporting the long-term growth plans for the business.

With this significant investment in automation and infrastructure, Home Bargains is poised to enhance its supply chain efficiency and support its continued expansion across the UK.

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Coca-Cola HBC Adds Extra Fizz to its Partnership

Moonpig enhance stock visibility with new WMS 

Posted on by Will Priestman

Balloon One has secured a client partnership with Moonpig, choosing to install Körber warehousing and supply chain software (which is now known as Infios) in a move to resolve existing stock visibility issues and eliminate unnecessary stock write-offs. 

Starting out in April 2000 as the UK’s first online card retailer, Moonpig Group has grown rapidly to become the leading international gifting platform, with a rich history of innovation. Over time, the Group has expanded its offering, adding a wide range of gifts, flowers, experiences and balloons to its range.

Since listing on the London Stock Exchange in 2021 the company has established successful businesses in Ireland, the Netherlands, Australia and the US. And more recently, the Group has acquired gifting and experience businesses, Red Letter Days and Buy A Gift.

To facilitate growth, in 2023 Moonpig opened a new, state of the art 120,000 square foot warehouse in Tamworth, Staffordshire, its first in the UK. The site, which is capable of handling more than 9,000 cards per hour, also operates as a distribution centre for the gifting arm of the business, housing its entire gifting range of more than 1,500 SKUs.

During off-peak periods, thousands of gift orders are taken per day, but during peak times – Mother’s Day, Father’s Day, Valentine’s Day and Christmas – this can increase to tens of thousands of orders a day. The warehouse usually operates from 6am until 10pm, but during these surge periods it’s open 24 hours a day in order to meet the more than seven-fold increase in demand.

Stock visibility issues of the previous warehouse system

Even though they only recently went live with their previous system, it did not offer Moonpig the flexibility they required to meet their needs.

Richard Johnston, Moonpig’s Senior Engineering Manager, comments: “We have faced challenges with the previous system not being sufficiently configurable or customisable, making it ineffective in helping us scale. Another issue we have faced is that it doesn’t integrate well with our other software and has left us feeling as though we are conforming to a system that doesn’t meet our needs, rather than making it work for us.”

Iain Swinton, Director of Operations and Supply Chain and the project sponsor for the change of WMS adds: “From an operations perspective, the old system did not allow us to have good visibility of where our stock is, which subsequently has led to us writing off stock that is out of date or missing.”

Johnston says that configurability and visibility issues were causing problems with picking and reconciliation. He adds: “We couldn’t understand what stock was in process, meaning we were unable to accurately report stock levels to the website.”

Over time, the WMS system was proving to be financially non-viable. In addition to a number of product lines being written off, more staff were employed to better manage the stock as a means of coping, and it was at this point a business decision was made to put better controls in place.

Körber WMS will eliminate unnecessary stock write-offs

To address these challenges, Balloon’s comprehensive solution for Moonpig includes: Körber WMS (now known as Infios); Springboard Server – Balloon’s proprietary middleware that allows a seamless integration with Moonpig’s ERP system; SAP By Design; and a carrier integration to Royal Mail.

To assist in choosing the right supply chain partner and technology, Moonpig engaged the Supply Chain Consulting Group. Swinton says: “They have guided us through a methodical RFI, RFP and RFQ process where we went from 30 original vendors down to a shortlist of six, then down to a shortlist of three.”

After on-site workshop sessions and classroom demonstrations from all three, and with the involvement of more than 20 Moonpig staff, the company chose Körber as its WMS. Swinton explains: “It’s been a thorough process, but everyone has been invested in making sure that we get the right solution to make sure it improves on our existing system.”

Johnston adds: “Körber and Balloon stood out due to their level of knowledge. They could answer any question we had and could pull up a screen and show us how it could be done. Some of the other systems would need more customisation, but it was clear Körber WMS was not going to hold us back.”

Swinton adds: “We’re really excited about the system and the flexibility it will give us. We are a tech company with lots of technically minded employees who like to improve and change things to make them work better for us, so we’re excited about the opportunity this new system will provide and where it will take us in future.”

Working with Balloon

The team is finding Balloon supportive to work with. Emma Whitehead is Delivery Lead for Moonpig and is supporting the project side of the implementation. She says: “Everyone at Balloon is really communicative. They’re easy to get hold of and will jump on a call when needed.”

Richard Johnston adds: “The overriding feeling within the business is that we are confident this partnership will provide an effective solution for our needs, which will allow us to work more efficiently and seamlessly across multiple teams within the business.”

Ed Napier-Fenning, Balloon’s Business Strategy and Sales Director, comments: “We’re excited to partner with Moonpig and to support them in their quest to become the ultimate gifting companion. We look forward to enabling them to scale efficiently, have complete visibility into their stock situation and to eliminate unnecessary stock write-offs.”

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Warehouse Fulfillment Operations Intelligence

Tritax Big Box Acquires New Distribution Centre from Sainsburys

Posted on by Will Priestman

Tritax Big Box REIT has purchased the 650,000 sq ft Sainsbury’s distribution centre in Haydock in an off-market deal for £75 million. The transaction represents a net initial yield of 6.0%.

The deal, which was arranged by commercial real estate firm Colliers, sees the REIT securing a well specified distribution warehouse which is strategically positioned to service the North West, located on junction 23 of the M6, between Liverpool and Manchester. The cross-dock distribution centre, with chilled and ambient spaces, is currently let to Sainsbury’s until 2038, with an uncapped RPI rent review due in 2028.

In 2024, the industrial market in the North West saw occupiers take-up 2.9million sq ft in units over 100,000 sq ft – a 21.5 per cent increase year-on-year. Rental growth in the region hit 7.5 per cent for the year, surpassing all other regional markets, including London.

Aaron Hulait, Transaction Director at Tritax Big Box, said: “This acquisition cements our commitment to carefully curating our portfolio based on our sector strength, experience and knowledge. We’re delivering on our objective of rotating out of non-strategic assets, inherited through the acquisition of UKCM, and redeploying capital into attractive logistics opportunities such as Haydock, which has strong build credentials as well as being sited in a location which will support evolving supply chain demands in the North West.”

Michael Kershaw, director in Colliers’ National Capital Markets team, was responsible for identifying and securing the opportunity for Tritax. He said: “The North West is always a strong market due to the cluster of regional cities with significant population sizes, which are really well served by the UK road network. This investment is uniquely positioned to perform very well; the combination of short-term uncapped RPI performance and medium-term rental performance is rare and attractive.”

The property was acquired from a private client of Mutual Finance. Founded by Raed Hanna, Mutual Finance provides real estate financing and debt solutions across commercial real estate asset classes and has arranged more than £50 billion in committed facilities during the last 30 years.

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Increase in BigBox Take Up in 2024

SELP Purchase Tritax Eurobox Assets

Posted on by Will Priestman

Further to its announcement on 12 November 2024, SEGRO, in its role as venture adviser to the SEGRO European Logistics Partnership (“SELP”) joint venture, today announces that SELP has exchanged on the purchase of a portfolio of six assets from Titanium Ruth Holdco Limited (formerly known as Tritax EuroBox plc). The transaction values 100% of the assets at €470 million, including relevant property taxes and subject to customary adjustments. The portfolio totals 370,000 sq m of fully-leased, highly reversionary, modern logistics space. The assets are located in the established and attractive logistics hubs of Breda and Roosendaal in the Netherlands as well as in the Frankfurt corridor and the Rhine-Ruhr region in Germany. The assets currently generate approximately €24 million of headline rent, resulting in a blended net initial yield of 5.0 per cent and a net true equivalent yield of 5.4 per cent.

The transaction is conditional on European Union anti-trust clearance, which is expected in the first quarter of 2025.

David Sleath, CEO of SEGRO, said:

“We are delighted to have reached an agreement to purchase this portfolio of high-quality big box warehouses, located in some of Europe’s most attractive logistics hubs. They will complement SELP’s existing German and Dutch portfolios, offering both future rental growth potential and the ability to enhance returns through the benefits of increased scale.”

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Heilbronn Logistics Centre Acquired by AXA

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.”

Warehouse Portfolio in Southeast Europe

Posted on by David Priestman

As one of the leading transport and logistics providers in Southeast Europe, cargo-partner has traditionally placed a strategic focus on this region. In recent months, the company has upgraded its warehouse facilities in Croatia, Slovenia and Türkiye.

Expansion in Zagreb: from 12,900 to 17,500 m²

In late August 2023, cargo-partner expanded its warehouse in Zagreb by 4,600 m² due to rapidly growing customer demand in Croatia. The warehouse was opened in June 2022 and is located ten minutes from the international airport in Zagreb. The latest expansion brings the logistics center’s capacity from the previous 12,900 m² to a total of 17,500 m². The modern facility now includes 20,000 pallet slots as well as a 900 m² mezzanine where the local team provides e-fulfillment and value added services. In addition to short- and long-term storage, the Zagreb warehouse offers daily pallet and parcel distribution to EU- and non-EU countries, a customs bonded area and customs brokerage services. Following the expansion, the warehouse now contains 28 truck docks and three drive-in gates for oversized shipments.

“As we celebrate 40 remarkable years of cargo-partner, it is important to recognize the invaluable role Southeast Europe has played in shaping our company’s enduring success. This expansion is a testament to the extraordinary journey we’ve embarked on together with our customers and our expert teams throughout the region,” said Stefan Krauter, CEO & Founder of cargo-partner.

Zoran Starcevic, Managing Director of cargo-partner in Croatia, stated: “The added storage capacity in Zagreb will allow us to stock a wider range of products – from foodstuffs to pharmaceuticals and a variety of other goods – and respond promptly to market fluctuations and customer needs. Thus, the expansion not only strengthens our market position, but also reinforces our promise to deliver top-notch products and services to our customers.”

Otto Zsivkovits, Regional Director SEE, added: “Our expansion in Zagreb is part of our strategic plan to strengthen our footprint in Southeast Europe, as this region holds immense importance for cargo-partner. In this context, Zagreb serves as a gateway connecting Eastern and Western Europe. As we continue to expand our network, we benefit from growing synergies between our logistics centers in Croatia, Slovenia, Türkiye, Bulgaria, Serbia, and Bosnia and Herzegovina.”

Rooftop delivers clean energy in Ljubljana

Earlier in August, cargo-partner installed a photovoltaic system with 1,192 panels on the roof of its iLogistics Center Ljubljana. The system will produce an estimated 575 MWh of energy per year, covering 34 percent of cargo-partner’s energy consumption in Slovenia. In addition, the solar power plant will save 146 tons of CO₂ annually, which is equivalent to planting 6,698 trees. The iLogistics Center Ljubljana was opened in 2019 and expanded in 2022, bringing its total capacity from 25,000 m² up to 39,100 m².

New iLogistics Center in Istanbul

In July 2023, cargo-partner opened a new iLogistics Center with 20,000 m² of warehouse space in Istanbul. With 25,000 pallet slots and 17 loading docks, the facility provides ideal conditions for customs bonded warehousing, handling of oversized goods and high-tech products, fast trans-shipment and distribution as well as comprehensive e-fulfilment services, including a parcel pickup and return point. In addition to the warehouse facility, the building also contains modern office spaces, providing the new base of operations for cargo-partner’s head office in Türkiye.

Strong warehouse network in Southeast Europe

Aside from these recent expansions, cargo-partner has long had a solid warehouse network in Southeast Europe. In Bulgaria, the logistics provider’s iLogistics Center Sofia offers 22,000 pallet slots on 16,700 m². In Serbia, cargo-partner maintains a strategically located warehouse near the Belgrade airport with 8,000 m² of storage space. In Bosnia and Herzegovina, cargo-partner operates a 1,000 m² warehouse, to which the company has recently added a separate 300 m² area for temporary customs bonded storage.

Modern Warehouse Space Meets Local Demand

Posted on by Keith McKinley

St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has announced today that two local businesses have committed to a total of 62,000 sq.ft of modern warehouse space at St. Modwen Park Broomhall in Worcester, significantly expanding their operations in the area.

OBEX Protection, which manufactures and distributes protective construction solutions, has agreed to lease 47,000 sq.ft at the Park. OBEX, which will retain a 27,000 sq.ft base of operations at St. Modwen’s nearby Nunnery Park scheme, is taking this additional space to increase its manufacturing and distribution operations in response to a rapid growth in demand for its products in recent years.

Automotive and tech distribution company Nemesis is also following suit and will almost double its footprint with St. Modwen by signing for 15,000 sq ft of space at SMP Broomhall whilst retaining its 19,000 sq ft unit at Nunnery Way.

Planning permission for the third and final phase of development has also been secured with the construction of two units – 40,000 sq.ft and 32,000 sq.ft – set to begin later this summer. The development will create 95 jobs across a diverse range of employment types and has been supported by local employment groups including Worcestershire Education Business Partnership and the LEP Skills team.

Situated on the southern outskirts of Worcester, St. Modwen Park Broomhall is located just one mile from Junction 7 of the M5, which provides easy access to the wider Midlands, the South West and South Wales, as well as the wider national infrastructure networks. The Park benefits from a strong workforce catchment located within five miles of the site and has been delivered in line with St. Modwen’s ‘Swan Standard’ of sustainable development, benefiting from an EPC A rating and EV car charging provision, and achieving net zero embedded carbon.

Peter Davies, Development Director at St. Modwen Logistics, commented: “Supporting customers and helping them to grow is the cornerstone of our business and so we were naturally delighted when both OBEX and Nemesis asked us to support them again with their expansions. It’s fantastic to see two local businesses growing in this way, and even better that they are able to remain in the local area as a result of our development at St. Modwen Park Broomhall.

Rob Francis, Director, OBEX Protection, said: “Following a period of rapid growth, we are excited to announce an expansion into a new 47,000 sq.ft unit which will provide crucial support for our operations. It was important for us to remain in Worcester where the company was founded and having worked closely with St. Modwen since July 2020 we had no hesitations about agreeing a deal to move in to St. Modwen Park Broomhall.”

Chris Chance, CEO at Nemesis, added: “There is a dearth of modern, high-quality warehouse space in the area that supports our long-term sustainability goals. We are very pleased to a have secured new premises at Broomhall which will allow us to maintain our trajectory and attract the staff we need.”

St. Modwen is a property developer owned by Blackstone focused on logistics and housebuilding. St. Modwen Logistics develops and manages urban and big box warehouses for customers including global logistics and e-commerce organisations as well as significant national and regional enterprises.

New Team to meet Logistics Property Market Demands

Posted on by David Priestman

Prologis, the UK’s leading owner and developer of logistics property, has announced two changes in its Capital Deployment & Leasing team as it continues to pave the way in an evolving market.

Ian Romano steps up to Vice President – Head of Land and Development and will widen his current remit to encompass regions outside the Midlands (excluding London) and will lead on land acquisition and development activities. Ian will act as a key partner to Prologis’ Development Management team, ensuring the business is aligned on delivering the next generation of Prologis Parks.

As Vice President – Head of Leasing, Sally Duggleby will be responsible for all leasing activity across Prologis’ UK estate, including speculative, second generation and lease renewals. Sally will also act as a key partner to Prologis’ customer facing teams to ensure a customer-centric view throughout commercial negotiations.

Both Sally and Ian will continue to report to Robin Woodbridge, Head of Capital Deployment & Leasing UK, who will also maintain direct responsibility for the London team whilst remaining strongly embedded in all activity at Daventry International Rail Freight Terminal (DIRFT); the business’ largest UK asset.

Paul Weston, Regional Head, Prologis UK, said: “In addition to our strengths in the ‘big box’ market, Prologis UK’s position has evolved significantly over the past five years, with our portfolio now featuring urban logistics, data centres, and life sciences, with further development on the horizon.

“These changes to the Capital Deployment & Leasing team will ensure we have the right people focused on two of our core activities of development and leasing, both of which are becoming increasingly challenging to navigate.

“Sally and Ian have both made significant contributions to the business’ strategic development so far, and I am confident they will continue to do so in their new positions.”

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At March 31, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (113 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,600 customers principally across two major categories: business-to-business and retail/online fulfilment.

Second Phase of Derby Development Announced

Posted on by Keith McKinley

St. Modwen Logistics, one of the UK’s leading logistics developers and managers and a Blackstone portfolio company, has invested almost £60m to develop an additional c. 350,000 sq ft of new warehouse space at St. Modwen Park Derby.

Due for completion in 2024, this next phase will see St Modwen Logistics and Winvic Construction Ltd deliver a new 147,000 sq ft warehouse which has already been pre-let. Four additional new buildings totalling c. 200,000 sq ft will also be developed to help meet increased occupier demand for mid-sized industrial and logistics units in the East Midlands.

As part of the first phase of development, to date, St. Modwen Logistics has invested more than £45m in delivering over 300,000 sq ft of sustainable warehousing across four units at St. Modwen Park Derby. Completed in December 2022, it has already attracted two international occupiers, with German heat pump manufacturer Vaillant signing for 131,000 sq ft and Swedish medical technology company Getinge establishing a new Global Centre of Excellence for Chemistry at the scheme alongside its new UK headquarters.

The quintet of new warehouses will be built to St. Modwen Logistics’ ‘Swan Standard’ for sustainable construction, meaning they will be highly energy efficient and come with an EPC A+ rating, thereby helping customers to reduce their operational costs. All five units will benefit from the installation of rooftop solar panels as standard.

Additionally, all five buildings will aim to place in the top 10% of UK new non-domestic buildings for sustainability by targeting an ‘Excellent’ accreditation from BREEAM, the leading real estate sustainability body. In line with the company’s commitment to sustainable development, the Midlands-based company is also strengthening biodiversity at the Park through the creation of a new riverside nature corridor, having already planted 17,000 trees and shrubs as part of the first phase of construction.

Located on Wyvern Way – adjacent to the A52 with direct access to the A38, A50 and nearby M1 motorway, and just 13 miles from East Midlands airport – St. Modwen Park Derby is one of the largest regeneration sites in the region and provides strong transport links and access to one of the highest skilled workforces in the country.

Robert Richardson, Development Director at St. Modwen Logistics, commented: “Our committed investments in St. Modwen Park Derby now exceeds £100m and our decision to embark on the next phase of development, underlines our confidence in Derby as hub for logistics as well as high-skilled tech and manufacturing. We expect a diversity of demand for the new units and a wide variety of employment opportunities to be generated.”

“The first phase of construction on the Park was a huge success and we are looking forward to working with Winvic again to deliver this next phase of development.”

Amanda Solloway, MP for Derby North said: “It has been fascinating to see St. Modwen Park taking shape on what was waste ground next to the Wyvern Centre. Last year, I attended the launch event and saw first-hand the huge benefits that it will bring to Derby in terms of job creation and the provision of high-quality warehouse space and the kind of modern, dedicated office space that the city and the wider Midlands needs if it is to grow and prosper.

“To see a further £59m invested into the park is therefore amazing news and an example of levelling up at its best!”

Paul Simpson, Chief Executive, Derby City Council, said: “This is more great news for the city in what has been a bumper month of major investment announcements, following the decision to make Derby the home of Great British Railways.

“In February we also welcomed two industry leaders, Getinge and Vaillant, to St. Modwen Park. Now we can look forward to seeing more in phase two, which will create more jobs and boost our economy further. It’s clear Derby is seen as a fantastic City in which to invest.

“It was great to be on site to mark this occasion, and I look forward to seeing more investment in Derby and in the next phase of St. Modwen Park.”

Danny Nelson, Winvic’s Head of Industrial, Distribution and Logistics, added: “We have built an outstanding relationship with the St Modwen team in delivering the civils and infrastructure package and the four industrial units at Derby – as well assets across other sites – and we’re delighted to have secured the contract for Phase 2. Sustainability is a fundamental part of both Winvic’s and St Modwen’s DNA and our one-team approach ensures we’re able to help occupiers achieve their own sustainability goals. The team is looking forward to progressing the scheme at pace and we are scheduled to complete all five facilities early in 2024.”

CAPTION: (L-R): Rob Richardson, Development Director, St. Modwen Logistics; Ben Shearman, Construction Director, Winvic; Ian Martin, Senior Construction Manager, St. Modwen Logistics; Paul Simpson, Chief Executive, Derby City Council; Ben Silcock, Leasing and Development Manager, St. Modwen Logistics; Adam Broadhurst, Project Manager, Winvic.

 

 

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