Panattoni has submitted plans for a speculative 80,000 sq ft last-mile logistics development near Heathrow.
Panattoni Poyle 80 is a net zero carbon development that will be BREEAM Excellent and EPC A rated. The developer bought the site on Horton Road, within 0.5km of junction 14 of the M25, earlier this year and subject to planning it hopes to complete the facility in the third quarter of 2024.
Alex Mitchell, development manager, South East and London, at Panattoni, said: “The team has worked hard to quickly bring forward plans to submit for the development following the purchase of the site in the first quarter. Poyle 80 is a rare ultra-urban, last-mile opportunity, providing immediate access to the UK’s largest cargo terminal at Heathrow Airport. It is one of very few opportunities capable of this national coverage and we hope to be able to bring this forward in the coming months.”
Stephen Vickers, commercial delivery director at Panattoni, added: “We are pleased to be moving forward on the delivery of the new site, with planning now submitted to deliver a sustainable facility for occupiers. Panattoni has reviewed the supply chain to make sure we are reducing our carbon output and delivering a net zero carbon development in construction. The facility will deliver a highly sustainable scheme to an excellent specification in a desired prime location.”
DTRE and ACRE Capital Real Estate are agents at Panattoni Poyle 80.
