Blackbrook commences development of two prime UK logistics facilities adding to its growing pan-European portfolio

Combined 450,000 sq. ft of Class A logistics space near Birmingham

Both facilities expected to achieve BREEAM Excellent rating upon completion

London, 28 November 2022 – Blackbrook, a specialist European real estate investor focusing on future-proof supply chain infrastructure, today announced it has commenced the development of two new facilities offering a total of 450,000 sq. ft of Class A logistics space immediately south of Birmingham.

The facilities are designed to meet the widest of occupier demands with 5T floor load capacities and 15m clear heights. Moreover, they will be built with access to exceptionally high-power supplies, offering occupiers the possibility for more than six times the current institutional standard. The developments are targeting Net Zero Carbon operations with Energy Performance Certificate rating of ‘A’ including photovoltaics.

Located next to a popular industrial estate at a key junction, the future tenants will also benefit from its prime ‘Golden Triangle’ location with easy access to the UK’s most important motorway networks, the M40, M6 and M1, making the sites perfectly suited for both national and regional distribution. Approximately 47 million people (70% of the UK population) are reachable within a three-hour drive of the site, including in London, Birmingham, Manchester, Liverpool, Cardiff and Sheffield. Nearby occupiers include Amazon, John Lewis and Aldi.

Upon completion in Q4 2023, both units are expected to achieve a BREEAM Excellent rating.

This announcement follows a series of recent investments by Blackbrook into the UK logistics market, including a facility in Nottinghamshire and South Yorkshire.

Jon Strang, Managing Director of Blackbrook, said: “With the onset of automated warehouses and electric vehicles, power requirements of the average warehouse occupier have doubled in the last five years. However, sites in the UK with high power capacity are few and far between. We’re delighted to be bringing to the market two new Class-A facilities that will cater for this growing demand, all while ensuring they are being built to the highest level of sustainability standards.”

Arvi Luoma, Co-Founder and CEO of Blackbrook, said: “Commencing this development perfectly aligns with our long term strategy; a unique opportunity to develop on a substantial land parcel in a prime location, with access to a strong labour force and key arterial motorways connecting the largest population centres in the UK. Combined with their rare power supply specifications and future-proof ESG credentials, these two assets directly address what continue to be in highest demand from occupiers.  Furthermore, they benefit from being delivered in short order in the face of prevailing cost uncertainty.”