A 2,579 sq m ‘high quality’ speculative warehouse development close to Heathrow’s Terminal 5 aims to be ready for tenants by October.
Aberdeen Standard Investments’ AIPUT (Airport Industrial Property Unit Trust) fund has secured a resolution to grant planning permission from Slough Borough Council’s Planning Committee for this Black Arrow warehouse development at its Blackthorne Point industrial estate in Poyle, immediately across the M25 from Terminal 5.
The building, supporting B1c, B2 and B8 uses, will incorporate a number of new environmental initiatives – including air source heat pumps and photovoltaic panels – delivering a 30% reduction in CO₂ emissions over building regulation requirements and the achievement of a BREEAM ‘very good’ rating. AIPUT’s carbon strategy requires the fund to achieve carbon neutrality across its portfolio by 2025.
Current Blackthorne Point tenants include UPS, Horizon International and C. H. Robinson. AIPUT says the delivery of additional high quality warehousing strongly positions Blackthorne Point (and the wider Poyle Trading Estate location) to benefit significantly from the expected future expansion of Heathrow Airport and the growth of its air cargo service, which the airport’s owners project to reach at least three million tonnes per year by 2040.
