Last-mile, net zero carbon logistics development in sought-after Heathrow area completed.
Panattoni Poyle 80, an investment of Newport Logistics Fund, a Private Equity Real Estate fund that finances the full investment cycle for the development of warehouses in Europe, has completed construction. A 7,400 sq. m last-mile logistics development in the sought-after London Heathrow area was purchased in the first quarter of 2023.
Poyle 80 is a net zero carbon development that was built to a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’. The occupier will benefit from a 50m service yard, five dock doors, two level access doors, 12.5m clear internal height, and 37 car parking spaces with 20% EV charging provision.
Located on Horton Road, near junction 14 of the M25, Panattoni Poyle 80 is in one of the Greater London’s well-established logistics locations. This strategic location provides immediate access to the UK’s largest cargo terminal at Heathrow Airport. The site was acquired in 2023 as part of a £350 million investment in several sites in the southeast. These sites offer value-added development opportunities in core markets with rental growth potential.
“We are very pleased about the completion of Panattoni Poyle 80. This modern, net zero carbon development is a superbly located last-mile warehouse with immediate access to the UK’s largest cargo terminal at Heathrow Airport. We are proud to deliver such a project, which exemplifies our commitment to sustainability and strategic logistics solutions,” said Szymon Ostrowski, Managing Director of Newport Logistics Fund.
Letting agents at Panattoni Poyle 80 are DTRE and ACRE Capital Real Estate.