European logistics developer Panattoni has secured planning consent for a 417,570 ft2 (38,800 m2) speculative logistics development at Doncaster in the UK.
Doncaster Council has approved Panattoni’s planning application for the facility, called Panattoni Doncaster 420, which will be one of the largest speculative logistics facilities across the Yorkshire region.
Panattoni will shortly commence speculative development of the project, with completion expected in January 2024.
The facility will be built to a BREEAM sustainability rating of ‘Excellent’ and an EPC rating of ‘A’, with many sustainability features.
Dan Burn, development director at Panattoni, said: ‘Having recently pre-let 630,000 sq ft at Panattoni Park Rotherham, we are delighted to be bringing forward a further large speculative development in South Yorkshire. Despite the economic headwinds, occupier demand remains high across the region and supply constrained, particularly of ‘Big Box’ warehouses over 400,000 ft2. We have been encouraged by early interest and look forward to commencing construction over the next few weeks.’
Letting agents are CPP, Colliers International and Cushman & Wakefield.
