One of the most important challenges facing major urban centres around the UK is how to balance the provision of residential, industrial and logistics real estate when all three sectors are experiencing exceptional levels of demand.
Tritax Big Box REIT plc (Tritax Big Box or the Company) announces that it has received planning consent* and exchanged contracts with a world-leading online retailer (the Customer) to pre-let a new Mega Box logistics building. The pre-let and planning consent (the Project) covers the Phase 2 and part of Phase 3 plots of the Company’s Littlebrook, Dartford development, comprising a c.2.3 million sq ft logistics building on 35.5 acres within London’s orbital M25 motorway and next to critical transport infrastructure.
Tritax Symmetry, the dedicated logistics developer of Tritax Big Box REIT plc (TBBR), has secured planning consent for a new parcel distribution facility for DPD at Symmetry Park, Bicester. The specialist 60,000 sq ft distribution hub will be constructed to net zero carbon in construction in one with the UK Green Building Council’s (UKGBC) Framework.