Logicor Secures Planning for Sustainable Warehouse ‘Bolton 330’ in UK Redevelopment Drive

Logicor Secures Planning for Sustainable Warehouse ‘Bolton 330’ in UK Redevelopment Drive

(IN BRIEF) Logicor, a prominent European real estate developer, has achieved a significant milestone in its UK redevelopment program with the securing of planning permission for ‘Bolton 330’, a 330,000 sq ft sustainable warehouse in the North West. Strategically located near major motorways, the site offers access to a vast consumer base and distribution network. The project underscores Logicor’s commitment to sustainability, aiming for BREEAM Excellent and EPC ‘A’ ratings, with features like PV panels, LED lighting, and EV charging points. With construction slated to begin in Q3 2024, ‘Bolton 330’ represents Logicor’s dedication to expanding its portfolio of modern, eco-friendly warehouses in prime UK locations, supporting its ambitious sustainability targets.

(PRESS RELEASE) LONDON, 8-Feb-2024 — /EuropaWire/ — Logicor, a leading owner, manager and developer of European real estate has reached a significant milestone in its UK redevelopment programme as planning is secured for a 330,000 sq ft, highly sustainable warehouse in the North West.

The site at Little Hulton was the previous base for retailer Littlewoods, and once completed, will be known as ‘Bolton 330’.

Its proximity to the national motorway network (M61, M60, M6 and M62) provides access to 60% of UK businesses, and with 20 million consumers within a two-hour drive, it is an ideal location for distribution and logistics businesses.

Logicor’s UK portfolio spans over 3m sq m in prime logistics and industrial locations, and alongside a focus on developing the UK pipeline, there is a sharp focus on redeveloping key existing assets to support reaching the business’ ambitious sustainability target of a 36% carbon reduction by 2030.

‘Bolton 330’ will target BREEAM Excellent and EPC ‘A’ rating and will have PV panels. Other sustainability features include LED lighting, EV charging points and rainwater harvesting. The office pod will have a green roof to support local biodiversity and there will be an outdoor gym for site employees to use.

Bolton 330 is a great example of how we are delivering our strategy here in the UK; expanding our portfolio of modern, high-quality warehouses in prime locations. With a pipeline of new developments in key locations across the UK including Daventry, Reading, West Molesey and Altrincham, today’s news marks the first commitment of what is set to be an exciting year.

“We’ve continued to see demand for sustainable assets in prime locations grow. Logicor’s Bolton 330 has strong sustainability credentials, which paired with the connectivity of its central location, makes it a unique and compelling offer on the market. We look forward to welcoming our next customer in due course.”

Construction is due to commence in Q3 2024, with planning completion in Q4 2025.

Charlie Howard, Managing Director

About Logicor:

Logicor is one of the largest owners and operators of modern logistics and distribution properties in Europe. As at 30 June 2023, we own and manage a portfolio of 594 high-quality properties with a lettable area of over 20 million square meters located in key European logistics markets. Logicor is headquartered in London and Luxembourg.

Media Contact:

Lucy Dollimore
Senior Communications and Marketing Manager
lucy.dollimore@logicor.eu

SOURCE: Logicor