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Transactions - MARCH 8, 2021

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Chancerygate announces €187m of urban logistics space across nine sites

by Released

Chancerygate has announced it has committed to starting the development of nine sites.

Ranging from Bournemouth to Warrington, England, the sites will have a combined gross development value of £160 million (€187 million/$221 million) and deliver close to 975,000 square feet of class A industrial and warehousing accommodation.

The schemes form part of Chancerygate’s 3 million square feet of pipeline across 23 sites that stretch from Havant to Edinburgh.

Richard Bains, Chancerygate managing director, said, “There is strong demand for our class A product throughout the United Kingdom from both occupiers and investors. These schemes will provide new build multi-let accommodation in areas where there has been very little new supply delivered for a long period of time.

“Demand for the schemes is strong, and they have attracted a great deal of interest from potential occupiers even before construction has started. We look forward to announcing

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