Panattoni in spec development of final two units at its Aylesford logistics park

Panattoni is set to speculatively develop the final two units at its logistics site Panattoni Park Aylesford, after agreeing pre-lets for the rest of the space.

The two units at the former Aylesford Newsprint site measure 100,000sq ft and 130,000sq ft respectively and are expected to be completed in the fourth quarter of 2023.

Both will offer 15m clear internal height, two level access doors, electric charging points for cars, access to the park’s car share scheme and 50m yard depths. The two units will also have a BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’.

The £180m Panattoni Park Aylesford is close to junction 4 of the M20. Every building at the park will have air source heat pumps to control temperature in the offices and photovoltaic panels on the roofs.

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Panattoni calculates these measures will generate up to 15% reductions in regulated energy use across the building.

Panattoni is also working in partnership with Kent Wildlife Trust to achieve a 10% net gain in biodiversity at the site.

The development of the speculative units follows pre-lets at the park to DHL, Fowler Welch and Evri. Panattoni said it is also in detailed discussions with other occupiers for the remainder of the space at the park.

Tony Watkins, Panattoni development director, said: “Our decision to speculatively develop the final two units at Aylesford reflects the strong demand from occupiers looking to benefit from its excellent location.

“In just nine months since we acquired the site, we have let nearly 80% of the space. We are on site delivering multiple buildings with the first ones ready for occupation in the third quarter of this year, we look forward to welcoming them to the park and other occupiers to follow."