Industrial developer Panattoni is set to welcome DPD to its site in Sittingbourne, Kent.
The parcel giant has agreed to pre-let a bespoke 58,000 sq ft logistics and distribution facility at Panattoni Park Sittingbourne.
Alex Mitchell, development manager at Panattoni, said: “Securing DPD is a significant milestone for Panattoni at Sittingbourne, and demonstrates the strong demand that exists for high-quality, sustainable industrial space in the South East.
“We’re confident Swale Borough Council shares our vision to deliver high-quality industrial space to support and sustain the local economy.
“A planning application has been submitted and we are confident that we could begin construction later this year and deliver a state-of-the-art facility that meets DPD’s operational needs, while also aligning with our sustainability goals.”
If approved by the local council, the new facility could be ready for occupation by Autumn 2025.
It will be constructed to the highest environmental standards, targeting a BREEAM Excellent rating in line with Panattoni’s dedication to sustainability.
Tony Watkins, head of development for the South East and London at Panattoni, said: “Our development at Sittingbourne is poised to become a key logistics hub in the region, benefitting from excellent transport links and proximity to major urban centres.
“Across the South East and the UK, we’re delivering what the best companies are demanding – and that is high performing, high-quality logistics and distribution space in the best locations.”
The speculative development of Phase 1 at the Sittingbourne site is progressing well on two units – a 439,228 sq ft and 205,320 sq ft logistics facility.
Both are scheduled for completion and occupation by March 2025.