Panattoni secures green light for an 80,000 sq ft logistics center at Heathrow. The site, Panattoni Poyle 80, aims for net-zero carbon development with 'Excellent' BREEAM and 'A' EPC ratings. This strategic location near the M25 provides direct access to Heathrow Airport and Europe's consumer hub, London, reinforcing Panattoni's commitment to sustainable, last-mile logistics solutions.
Panattoni, a leading logistics developer, has successfully obtained planning approval for Panattoni Poyle 80, an 80,000 sq ft last-mile logistics facility nestled in the highly sought-after Heathrow region.
Set for speculative development initiation in January 2024, Panattoni Poyle 80 is poised to become a net-zero carbon structure, boasting a coveted 'Excellent' BREEAM sustainability rating and an 'A' EPC rating upon completion, scheduled for the third quarter of 2024.
The site's strategic positioning along Horton Road, adjacent to junction 14 of the M25, bolsters its appeal. Poyle stands as an established logistics locale within Greater London, offering direct access to the M25 and seamless connectivity to Heathrow Airport's bustling cargo and passenger terminals. Furthermore, its proximity to Europe's largest consumer market, London, solidifies its status as an ideal last-mile destination.
Panattoni Poyle 80 represents a significant investment amidst Panattoni's acquisition spree, securing three prominent sites in the south-east totaling £350 million. These strategic investments aim to capitalize on value-add development prospects within core markets, fueling rental growth initiatives.
Alex Mitchell, Panattoni's Development Manager for the South East and London, highlighted the uniqueness of Panattoni Poyle 80 as an ultra-urban last-mile opportunity. The development underscores Panattoni's dedication to speculative development endeavors and the logistics sector, driven by robust occupier demand for sustainable, well-situated assets.
Stephen Vickers, Panattoni's Commercial Delivery Director, emphasized the company's commitment to sustainability, ensuring reduced carbon output throughout the supply chain. The forthcoming facility aligns with Panattoni's vision to deliver a highly sustainable, net-zero carbon development while adhering to top-tier specifications in a coveted prime location.
Panattoni's successful planning approval for Panattoni Poyle 80 signals a substantial leap forward in the logistics landscape at Heathrow. With a focus on sustainability and strategic positioning, this development reflects Panattoni's dedication to providing top-notch, environmentally friendly logistics solutions.