JV partners complete first letting at Welwyn I&L scheme

By
Liz Hamson

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Joint venture partners HBD and Feldberg Capital have completed their first letting at the £28m INTER industrial and logistics development in Welwyn.

Removal and storage business Perfect Group has signed for a 17,998 sq ft unit on a 10-year lease.

INTER comprises three units providing 71,000 sq ft of prime industrial and logistics space just 2.5 miles from the A1M. There are now two units of 40,016 sq ft and 13,484 sq ft available to let.

Lucky Gohler, group chairman of Perfect Group, said: “Offering high quality, sustainable space close to London and key transport networks, INTER will be an ideal base for Perfect Group as we continue to scale our operations across the region. The specification and efficiency of the unit will allow us to further enhance our service delivery, while supporting our long-term growth strategy.”

Vivienne Clements, executive director at HBD, which is part of Henry Boot, added: “We continue to see strong demand for Grade A I&L space in Welwyn, so it’s positive to be able to deliver a new scheme for businesses like Perfect Group which meets modern operational needs while supporting occupiers in achieving their ESG objectives.”

Jamie Acheson, managing director of Feldberg Capital, said: “Origin is committed to delivering I&L schemes that prioritise environmental responsibility and social impact; INTER exemplifies this approach, combining high-quality space with strong ESG credentials. We’ve no doubt that INTER will prove a successful location for Perfect Group as the business continues to expand.”

The agents for INTER are Adroit Real Estate and Hollis Hockley.

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