Panattoni has pre-let 58,000 sq ft to parcel delivery company DPD at its net zero carbon Panattoni Park Sittingbourne development in Kent.
Subject to planning, Panattoni expects to start construction of the facility, which is part of the second phase of development at the park, in Q4 this year and complete it in Q3 2025.
Panattoni is already under construction with the 645,000 sq ft first phase of development at the park, which comprises two units of 440,000 sq ft and 205,000 sq ft.
Panattoni is targeting BREEAM Excellent and an EPC A rating for the units, which will feature roof-mounted solar panels and electric vehicle charging points. The park has 5MVa of power available with a further 1.35MVa of power generated from the solar panels.
Alex Mitchell, development manager, South East and London, at Panattoni, said: “This pre-let to DPD demonstrates the strong demand for high-quality, sustainable industrial space in the south east. We are excited to begin construction later this year and deliver a state-of-the-art facility that meets DPD’s operational needs while also aligning with our sustainability goals.”
Savills, Avison Young and CBRE are joint letting agents at Panattoni Park Sittingbourne. DPD was advised by SBH.
