Logicor’s Flagship Redevelopment of Logicor Park Daventry Achieves Construction Milestone

Logicor’s Flagship Redevelopment of Logicor Park Daventry Achieves Construction Milestone

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three highly sustainable warehouses located in the UK’s ‘Golden Triangle’ region. The construction progress includes the demolition and recycling of 3,500 tonnes of steelwork from the original unit, as well as processing 45,000m³ of stone for re-use to reduce the project’s environmental impact. Upon completion, the 800,000 sq ft site will offer units of varying sizes, featuring amenities like gyms and green spaces. The development also incorporates sustainable elements such as solar panels, electric vehicle charging points, LED lighting, and more, aiming for BREEAM Excellent and EPC A ratings. Logicor Park Daventry is expected to be fully completed by Q4 2024, enhancing Logicor’s commitment to modern, sustainable warehouse spaces in strategic locations like the Golden Triangle. Charlie Howard, Logicor UK Managing Director, expressed enthusiasm for supporting efficient trade flows and sustainability in this development.

(PRESS RELEASE) LONDON, 2-Dec-2023 — /EuropaWire/ — Logicor, a leading owner, manager and developer of European logistics real estate, has announced that the redevelopment of its  flagship UK scheme, Logicor Park Daventry, has reached a construction milestone with groundwork complete and steel frames erected.

Acquired in 2021, Logicor Park Daventry is being redeveloped to create three highly sustainable warehouses in the UK’s ‘Golden Triangle’.

To date, construction steams ahead with 3,500 tonnes of steelwork from the original unit already demolished and recycled, and  45,000m3 of stone already  processed for re-use, reducing the site’s environmental impact. Once complete, The 800,000 sq ft site will offer units of varying sizes; c.135,000 sq ft, c.280,000 sq ft and c.385,000 sq ft, with access to two onsite gyms and new amenity spaces.

The site will also include 2.2 acres of woodland with 4,500 new trees, and native species of plants, which will enhance the local biodiversity. Coupled with this, the introduction of solar panels electric vehicle charging points, LED lighting, Air Source Heat Pumps and rainwater harvesting, means the site will target BREEAM Excellent and EPC A.

“Logicor Park Daventry marks an exciting chapter for our development journey in the UK. With sustainability at the core of this flagship development, we are delighted to offer our existing and potential customers this modern, sustainable warehouse space.

“The Golden Triangle is within a 4.5-hour drive from almost 90% of the UK population, meaning the new site at Daventry will further enable us to support the flow of trade vital to everyday life.

“We look forward to welcoming customers next year, helping them to reach more people, more efficiently, while delivering greater sustainable value.”

The site is set to be completed by Q4 2024.

Charlie Howard, Logicor UK 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 591 high-quality properties with a lettable area of over 20 million square metres located in key European logistics markets. Logicor is headquartered in London and Luxembourg.

Media Contact:

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

FLEISHMANHILLARD:
Louise Koranteng
Account Executive
Louise.koranteng@fleishmanhillard.com

SOURCE: Logicor