Europa Capital secures £89m green loan from HSBC

Developed in partnership with logistics developer Panattoni, both sites have secured long-term lettings to occupiers from across the e-commerce, pharmaceutical and automotive sectors. 

The first site, Panattoni Park South Normanton, is a 575,000sq ft facility within an established logistics hub in the East Midlands. 

The second site, Panattoni Park Rotherham (pictured), comprises 710,000sq ft of space and is positioned within the M1-M18 triangle. The park acts as a national distribution centre for the anchor occupier, as well as providing access to key northern markets such as Leeds and Manchester, and enabling last-mile delivery into the Sheffield region. 

Both sites also boast strong sustainability credentials, including an Energy Performance Certificate (EPC) Rating A and a BREEAM Very Good certification, demonstrating their energy efficiency and environmental performance. 

James Keast, Europa Capital director, said: “This financing underlines the sustained lender interest in well-located, high-quality UK logistics assets, particularly those with strong sustainability credentials.

“Securing this financing following the development and stabilisation of these assets is an endorsement of our strategy and reflects our long-standing relationship with HSBC UK.

“Together with HSBC UK, we have secured a facility that supports stable, long-term income while allowing us to maintain capital discipline.”

Alfie Banks, HSBC UK relationship director, added: “We are pleased to have supported Europa with financing for these high-quality logistics assets.

“This funding demonstrates our commitment to backing ambitious real estate investors in the UK logistics sector. We have developed a strong relationship with Europa and look forward to building on this in the future.”