Panattoni and Legal & General’s Industrial Property Investment Fund (IPIF) have begun speculatively developing three targeted net zero carbon logistics facilities, totalling 213,350ft2, at V Park in Basingstoke.
The three units of 39,500ft2, 77,550ft2, and 96,300ft2 will be built to net zero carbon with a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’. They will have 50m, self-contained yards, electric vehicle charging points, 12.5m clear internal height, 15% roof lights and up to 2.5MVa power availability.
V Park is expected to be completed in Q3 2022. Buckingham Group Contracting has been appointed main contractor on site and demolition has already commenced.
The agents for the scheme are CBRE and Cushman & Wakefield.