European real estate developer Panattoni is planning to build a £250m industrial development near Bristol that will include the UK's biggest-ever speculative logistics building.
The development, called Panattoni Park Avonmouth, will be located on a 73-acre site, which Panattoni has just acquired in an off-market deal. Other major occupiers in the area include Amazon, The Range, Lidl, DHL, Tesco and Davies Turner.
The company will start speculative development of two units - one that is 406,000 sq ft and another that is 882,000 sq ft - totalling 1.3 million sq ft.
