Commercial Property News

ProLogis to build carbon neutral shed for M&S at Bradford to achieve BREEM "very good" rating.

ProLogis, the world's largest owner, manager and developer of distribution facilities, announced today that it will develop a new, 1.1 million-square-foot distribution facility for Marks & Spencer at ProLogis Park Bradford, a 90-acre business park in West Yorkshire. ProLogis will develop the facility to achieve carbon neutral status, offsetting any emissions produced during the construction process through the purchase of carbon credits and various organic reductions.

 The building itself will be built to achieve a minimum rating of Very Good under the BRE Environmental Assessment Method (BREEAM), the UK's national standard for best practice in sustainable development and environmental performance, and will employ approximately 2,500 people when fully operational.

"Marks & Spencer's new, state-of-the-art facility will be a flagship development for ProLogis in the UK," said Andrew Griffiths, managing director for ProLogis in the UK. "In addition to warehousing and office space, the building will include training rooms, onsite catering and staff facilities. We believe this development demonstrates our ability to deliver build-to-suit solutions on an unparalleled scale."

 Matthew Byrom, ProLogis vice president of development in the UK, added, "This is a perfect example of what can be accomplished with a forward-thinking local council and proactive business community. We are genuinely proud to contribute to the growth of Bradford's economy with the development of our modern, new industrial park."

At full build-out, ProLogis Park Bradford will contain two buildings comprising up to 1.25 million square feet of space. ProLogis plans to develop additional office and industrial space at the site on a build-to-suit basis, and is currently marketing the park to businesses with local and regional operations.

ProLogis is the United Kingdom's largest provider of industrial facilities with 20 million square feet of space owned, managed and under development, as of June 30, 2008. Current ProLogis customers in the region include ASOS.com, Bosch-Siemens, The Co-operative Group, GEFCO, Honda Logistics, Pirelli, Sainsbury's, Screwfix, Superdrug and Tesco.

Tue, 23rd Sep 2008

Return to Previous Page

Latest Commercial Property News
Date Headline
Page: 1 2 3 4 5 6 7 8 9 10 11 Next
Thu, 20th Nov 2008 Barclays back former David McLean finance chiefs to buy housing business from administrators.
Thu, 20th Nov 2008 St Modwen keeps within banking covenants
Thu, 20th Nov 2008 October mortgage lending 7% up on September
Thu, 20th Nov 2008 Heritable Bank collapse hits stars investment company's development at Aldgate East
Wed, 19th Nov 2008 Woolworths in talks about sale of the business for £1
Wed, 19th Nov 2008 British Land NAV drop gets steeper at 22% in H1 2008 resulting in a pre-tax loss of £1335 million
Wed, 19th Nov 2008 Sutton Harbour Holdings H1 profits down 50%
Tue, 18th Nov 2008 Enterprise Inns report FY profits down 12.6% to £263million
Tue, 18th Nov 2008 Wolseley cuts 2300 UK jobs and announces closure of over 200 UK branches
Tue, 18th Nov 2008 Boris Johnson and 60 Labour backbenchers call for restoration of empty rates relief
Mon, 17th Nov 2008 JP Morgan boosts morale with relocation deal to Canary Wharf
Mon, 17th Nov 2008 H&M fashion sales fall on like for like basis 3 months in a row.
Mon, 17th Nov 2008 Workspace knocked to £128.5million H1 loss as NAV falls 25.4%
Fri, 14th Nov 2008 Retail barometer John Lewis sales decline further
Fri, 14th Nov 2008 Edinburgh office sector boost from stockbroker expansion
Thu, 13th Nov 2008 GPE suffer NAV drop of 15.3% in H1 2008
Thu, 13th Nov 2008 UK Coal signs windpower deal with stake builder Peel Holdings
Thu, 13th Nov 2008 Capital & Regional reveal 8.7% drop in Mall Fund in one month
Thu, 13th Nov 2008 Boris approves further developments at Canary Wharf
Wed, 12th Nov 2008 Savills report Commercial Property construction falls to it's lowest ever level