Page 8 - KPG Activity Portfolio 2024 V2

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DEVELOPMENT OF THE YEAR

BELGRAVE

LOGISTICS PARK

PHASES 1 & 2

B E L L S H I L L

LAND ACQUISITION, SPECULATIVE
DEVELOPMENT AND LETTING

This 16 acre site was acquired in January 2021 and the
existing production facility was quickly demolished, with a
brand new £55m speculative 261,193 sq ft logistics facility
being developed over three phases.
Phases 1 and 2 were completed in November 2022 and
consist of 134,233 sq ft over four high-specification and
quality buildings.
Each unit has achieved an EPC rating of ‘A’ and target
BREEAM ‘Excellent’, along with a range of further
sustainability credentials
Belgrave Logistics Park is situated within the popular Bellshill
Industrial Estate, with excellent connectivity.

Client
Knight Property Group

Value
£25m
Contract
48 weeks
Size
8 acres with 4 units – 134,233 sq ft
Tenants
Likewise Group plc / Renewable Energy Solutions (RES) / Bunzl plc

6 CURRENT ACTIVITY