Lysara acquires Amazon site in Belfast for £25m

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Lysara has acquired a purpose-built last-mile transport infrastructure asset in Belfast let to Amazon for circa £25m.

The 10-acre site, which is located at Channel Commercial Park in Belfast’s Titanic Quarter, comprises a 91,000 sq ft distribution facility with a 479-space multi-storey van parking deck and EV charging infrastructure.

Scott Parsons, CEO of Lysara, said: “This is a high quality asset in a strategically important location. It supports Amazon’s last mile network and aligns with our focus on securing well located infrastructure with long term power capability as fleet requirements evolve. We remain focused on expanding the platform across key European markets and see continued opportunity in last mile, middle mile and transport related outdoor storage assets that can support phased electrification over time.”

Lysara was advised by Cushman & Wakefield, PDK Partners, Dentons and Carson McDowell. The vendor was advised by Savills.

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