Trebor Developments and Schroder Real Estate Investment Management has funded Trebor Developments. Trebor will submit a planning application this June, allowing for the occupation of units in Summer 2022, using Trebor’s fast track development method.
The site, which has been owned by the Schroder UK Real Estate Fund since 2014, will be known as Revolution Park and can accommodate industrial units which range from 25,000 sq ft to 200,000 sq ft.
The industrial and logistics units are being promoted on a build-to-suit basis for manufacturing or logistics uses and will be built to net zero and BREEAM “Excellent” standard. This comes as Schroders continues to invest and develop environmentally friendly industrial assets across the UK, alongside its wider commitment of becoming a net zero carbon business.
“Take up for industrial and logistic units across the UK continues to grow as Covid-19 not only fast forwarded the growth in online retail, but also promoted manufacturers and retailers to review their supply chains and hold extra stocks of key items,” Philip Scott, Investment Manager for Schroders, said.
Schroders and Trebor are represented by Gerald Eve LLP and Bulleys agents.