03 January 2018 – Gazeley, a leading investor and developer of logistics warehouses and distribution parks, announces today that is has signed an agreement with Zeus Packaging Limited to deliver a 97,500 sq ft facility at G-Park Biggleswade to support its distribution throughout the UK and that it will be speculatively developing a further unit of 105,000 sq ft on the adjacent plot.
The site will have unrivaled sustainability features including rainwater harvesting, high efficiency LED lighting and office heating and cooling provided by air-source heat pumps. Both units will be delivered in August 2018. The access road will be completed by March 2018 and will leave the remainder of the site fully serviced and capable of delivering a further 350,000 sq ft of build-to-suit space for customers.
Based in Dublin, Zeus is a leading provider of packaging products to a range of customers including Harrods, Musgrave and Asos. The company was established in 1998 and now offers industrial, fashion, food and retail packaging alongside agricultural, health and hygiene products.
James Atkinson, Development Manager at Gazeley, said: “The locational benefits of G-Park Biggleswade are very clear. It is a core south east location and will give our customers unparalleled access to the UK’s largest markets. We are delighted to be working with Zeus Packaging for the first time and look forward to delivering two best-in-class facilities at G-Park Biggleswade.”
Philip Brown, General Manager at Zeus Packaging Limited, commented: “It has been great to work with Gazeley for the first time on this project. The site’s excellent transport links and access to London are perfect for our ongoing requirements and plans for growth. Gazeley has a great reputation for developing the highest quality warehouses and we look forward to working with them in the coming months.”
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Gazeley is a leading developer, investor and manager of European logistics warehouses and distribu-tion parks with a 17 million square foot portfolio concentrated in the strategic logistics markets of the UK, Germany, France and the Netherlands. In addition to its operating portfolio, which is 98% leased to blue chip customers such as Amazon, UPS and Volkswagen, Gazeley has a prime land bank which allows for the development of an additional 16 million square feet. Gazeley is GLP’s Europe platform.
GLP is the leading global provider of logistics solutions. Through its network of strategically-located properties and ecosystem partners, GLP is able to offer both space and technology-led solutions to drive value for its customers. GLP is one of the world’s largest real estate fund managers, with over US$43 billion of assets under management and a global portfolio of 636 million square feet spread across eight countries globally.
For further information about Gazeley please go to www.gazeley.com
For further information about GLP please go to www.glprop.com