Abrdn has completed the development of a 285,158 sq ft warehouse at Gravelly Industrial Park in Birmingham.
The £27m Gravelly Point unit comprises warehouse and office space across three floors. Abrdn is targeting BREEAM Outstanding and has already achieved an EPC A+ efficiency rating for the development, which includes sustainability features such as EV charging points, PV solar panels and rainwater harvesting.
Sam Robinson, industrial and logistics director at Colliers Birmingham, said: “Businesses have a corporate responsibility to help achieve low emissions targets, which has resulted in ESG provisions being a key driver in any new property acquisition. Gravelly Point provides occupiers with a building performance which allows them to help reach these targets, as well as the potential to attract and maintain staff going forward, with benefits such as the sports pitch, outdoor gym and roof terrace.”
Christian Smith, industrial and logistics director at Savills Birmingham, added: “Gravelly Point is the largest industrial unit of the last decade for Birmingham and its outstanding specification combined with the excellent location will make this scheme extremely desirable. The investment that abrdn has made into this unit shows their commitment to Birmingham and underpins the strength of the city’s industrial market.”
