Arc, Aylesford, Kent
Location : Kent | Status : Ongoing | Sector : Warehouse | Value : £25m
Fund : JV with LaSalle Asset Management
An 8 acre brownfield site acquired unconditionally and funded by LaSalle Asset Management. The business plan is to secure planning and speculatively develop 125,000 sq ft of industrial units along with two ancillary drive-thru pre-lets. Planning application to be submitted Q1 2019 and targeting a start onsite Summer 2019. End value of £25m.