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  • Home
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  • Panattoni starts 80,000 sq ft speculative logistics development at prime Heathrow site
Press releases

Published:

09.02.2024

Panattoni starts 80,000 sq ft speculative logistics development at prime Heathrow site

Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing Panattoni Poyle 80, a 80,000 sq ft last-mile logistics development in the sought-after Heathrow area, after purchasing the site in the first quarter of 2023.

Published:

09.02.2024

Poyle

Panattoni Poyle 80 is a net zero carbon development that will be built to a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’. Completion is expected in the third quarter of 2024.

Panattoni Poyle 80 is strategically located on Horton Road near junction 14 of the M25. Poyle is one of Greater London’s most established logistics locations, offering direct access to the M25 and close proximity to Heathrow Airport’s passenger and cargo terminals alongside convenient last-mile connectivity with Europe’s largest consumer market, London.

Panattoni Poyle 80 is one of the sites in the south east that Panattoni acquired in 2023 for a combined £350 million, all of which provide value-add development opportunities in core markets where Panattoni can drive rental growth.

Alex Mitchell, Development Manager, South East and London, at Panattoni, said: “We are pleased to start construction at Panattoni Poyle 80, a rare ultra-urban, last-mile opportunity with immediate access to the UK’s largest cargo terminal at Heathrow Airport.

“Early interest in the development demonstrates strong occupier demand for the highest quality logistics space in well-connected locations. We are looking forward to completing the development of Panattoni Poyle 80 later this year as we continue to execute our speculative development programme.”

Agents at Panattoni Poyle 80 are DTRE and ACRE Capital Real Estate.

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Panattoni enters Belgium, strengthening its presence in Europe

Panattoni is expanding its operations in Europe by entering the Belgian market.

The roof is completed on Panattoni's first logistic property in southern Sweden

Panattoni is one of Europe's major developers of modern logistics properties and last year the company made its first land acquisition in southern Sweden. The property totals 46,000 square meters and is located in Åstorp, just outside the city of Helsingborg. Yesterday, the success of the project was celebrated with a topping-out ceremony attended by partners and potential tenants.

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Attractive mix of commercial units in City Dock and Panattoni Park

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