Construction starts on biggest ever UK speculative warehouse
Developer Panattoni has commenced construction of a 915,000 ft2 speculative logistics facility at Panattoni Park Swindon – the biggest ever speculative warehouse development in the UK so far.
By Liza Helps, Property Editor, Logistics Matters
THE ANNOUNCEMENT comes swiftly on the heels of the developer letting of its previous record-breaking speculative facility, an 885,000 ft2 unit at its 1.2 million ft2 Panattoni Park Avonmouth scheme to 3PL GXO for a contract with Amazon.
Panattoni Park Swindon, is located on the 360-acre former Honda site in Swindon. The developer is committing over £900 million, to bring forward a 7.2 million ft2 of state-of-the-art industrial and logistics scheme on the site.
It has announced that it has just started construction of two speculative facilities on the site the 915,000 ft2 unit and a further 545,000 ft2 unit. Both units are expected to achieve practical completion Q1 2026.
The scheme also has outline planning for a single unit of up to 1.2 million ft2 on a build to suit basis.
Savills and DTRE are joint letting agents.
With regard to the GXO letting, Panattoni was advised by Colliers, DTRE, JLL and Savills. GXO were advised by JLL Tenant Representative Team.
