Urban warehouse scheme scores pre-let

By Liza Helps, Property Editor Logistics Matters

THE THREE unit development has also just secured full planning permission and will see the construction by GMI of units from 51,062 to 124,007 ft2 this year. Practical completion is due  in Q3 2025.

An international green-tech manufacturing business has agreed to take 52,385 ft2 unit which, designed to optimise operational efficiency and reduce occupiers’ energy costs, the units will be targeting the highest BREEAM rating of Outstanding and an EPC rating of A+, offering up to £48,000 of energy cost saving per annum. The warehouses will also include EV charging points, PV solar panels, 10% roof lights, up to 700 kVa of power, and up to 15m to the underside of eaves.

The scheme will also prioritise employee wellbeing. Occupiers will have access to breakout areas from their modern office space with a balcony, cycling facilities, and a wellness garden.

Delancey Director of Investment Dan Dawe said: "We have recently secured a series of lettings to blue chip businesses across our portfolio who have been attracted by the leading specification, ESG credentials and strategic location of the schemes. Our customers are increasingly demanding high quality, well specified sustainable space, but have limited options in our chosen markets. We are looking to commence development works on all our current projects over the next 6 months”

Greenlight Milton Keynes is advised by Colliers, Logix Property and Louch Shacklock.