Tritax Big Box REIT has secured outline planning consent to deliver 974,000 sq ft of logistics space at Tritax Park Newark.
Phase 2 of the scheme, which is being delivered in partnership with Simons Developments, will deliver a range of buildings between 200,000 sq ft and 460,000 sq ft. Tritax Big Box is targeting EPC A and BREEAM Excellent ratings for the buildings, which will be fitted with solar PV panels.
The wider masterplan for the site also includes a 40‑acre country park, delivering green space for occupiers, employees and the local community.
Charlie Withers, head of development at Tritax Management and development director at Tritax Big Box REIT, said: “Securing outline planning permission for Phase 2 at Tritax Park Newark represents another important milestone for the site and for our wider development pipeline. Newark continues to demonstrate the strength of our strategy of investing in, and actively progressing, well‑located sites capable of supporting the long‑term needs of our customers. Following the recent lease extension and new letting to Currys, this planning consent enables us to bring forward high‑quality, sustainable logistics space in response to occupier demand.”
Philip Hodgkinson, director at Simons Developments, added: “We are delighted to have achieved outline planning permission for Phase 2 at Tritax Park Newark. Our long‑standing partnership with Tritax Big Box has already delivered highly successful outcomes at this location, and this consent allows us to build on that momentum. Phase 2 provides a significant opportunity to deliver further high quality logistics accommodation while continuing to invest in the local area.”
The letting agents for the scheme are Apex Real Estate Advisors, Colliers and JLL.
