Construction work has begun at Panattoni Poyle 80, an 80,000sq ft development near Heathrow after the real estate developer purchased the site last year.
Panattoni said the net zero development would be built to a BREEAM sustainability rating of ‘excellent’ and an EPC rating of ‘A’.
Completion is expected in Q3 2024.
Panattoni Poyle 80 is located near junction 14 of the M25 and was bought for £350m.
Alex Mitchell, development manager, South East and London, at Panattoni, said: “We are pleased to start construction at Panattoni Poyle 80, a rare ultra-urban, last-mile opportunity with immediate access to the UK’s largest cargo terminal at Heathrow Airport.
“Early interest in the development demonstrates strong occupier demand for the highest quality logistics space in well-connected locations.
“We are looking forward to completing the development later this year as we continue to execute our speculative development programme.”
