Winvic nabs five shed projects for Panattoni

Aaron Morby 10 months ago
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Europe’s largest industrial developer Panattoni has signed up Winvic Construction to build five speculative industrial warehouse projects.

Panattoni Park Aylesford will cost £180m to develop
Panattoni Park Aylesford will cost £180m to develop

Three of the sheds will be constructed at Panattoni Park Northampton, one at Crewe Commercial Park and one at Derby Commercial Park.

Danny Nelson, Winvic’s Director for Industrial, Distribution & Logistics, said: “We have had a successful working relationship with Panattoni for many years and this trio of scheme wins is evidence that they continue to put 100 per cent of their trust in Winvic, knowing that their schemes are in safe hands.

“Panattoni Park in Northampton is a scheme that is dear to us. Not only is it close to our head office, we’ve also been on site since 2018, shaping the space with civils and infrastructure works and we then successfully constructed three units simultaneously for Phase 1.

“Crewe Commercial Park is a new site for us but we have previously worked at the Derby logistics park before, to bring forward multiple units. By this time next year, we will have delivered all five units across the three locations and the challenge is now ours to surpass Panattoni’s expectations once again.”

Crewe Commercial Park is set to start construction in April

Work is just starting on Derby Commercial Park to deliver a 480,000 sq ft cross dock industrial warehouse

The latest orders come as the privately-owned industrial developer separately gained outline permission to deliver 1.9m sq ft of warehousing and distribution space in Kent to serve London and the South East.

The 90-acre site, previously home to Aylesford Newsprint will be Panattoni’s largest UK development to date costing £180m to build, including a new £7m link road.

Located close to Junction 4 of the M20 it is expected to be fully developed and occupied by 2024.

With the outline permission secured, Panattoni can build a single unit up to 1.2m sq ft, alongside other units, with the remaining space built to suit the specific needs of the tenants, and subject to a detailed planning application.

 

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