Page 26 - KPG Activity Portfolio 2026

BELGRAVE

LOGISTICS PARK

B E L L S H I L L

LAND ACQUISITION, SPECULATIVE
DEVELOPMENT, LETTINGS AND
INVESTMENT SALE

Belgrave Logistics Park is a premier 16-acre development,
acquired in January 2021. The site’s transformation began
with the swift demolition of the existing production facility,
paving the way for a state-of-the-art £40 million speculative
logistics park, spanning 261,193 sq ft.
Each unit boasts an EPC rating of ‘A’, alongside a host of
additional sustainability credentials. These achievements
position Belgrave Logistics Park among the most
environmentally advanced industrial and logistics parks in
Scotland.
Delivered in three phases, the first two phases were
completed in November 2022, with the final phase reaching
completion in September 2023. In 2024, the development
was successfully sold to Swiss Life.

3 3

SALE OF THE YEAR
LEASE OF THE YEAR
DEVELOPMENT OF THE YEAR

Size
16 acres with 5 units – 261,193 sq ft
Tenants
Likewise Group plc / Renewable Energy Solutions (RES) / Bunzl plc /
Wincanton Holdings Limited

24 CASE STUDIES