Market Leads & Opportunities

Glencar wins £50m Peterborough logistic hub


Real estate developer Firethorn Trust has appointed Glencar Construction to deliver a 500,000 sq ft logistics hub onto a 21-acre site, Peterborough South at Kingston Park in Hampton.The project is understood to be worth around £45m and will see three warehouse units completed before the end of the year.The scheme will be delivered to net-zero carbon in construction and target an ‘Excellent’ BREEAM rating.Sustainable infrastructure features more than 40,000 sq ft of photovoltaic arrays, 48 electric vehicle charging points, and 15% roof lighting.Purchased from O&H Properties earlier this year, the Kingston Park site sits adjacent to existing occupiers including Amazon, IKEA and DART.Peterborough South joins a number of strategic development sites across the UK for Firethorn, including Northampton Cross in Milton Ham and Ascent Logistics Park in Leighton Buzzard as well as new acquisitions at Ellesmere Port and Barnsley, taking the developer’s current development pipeline to over 3m sq ft.