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Interview with BentallGreenOak's Toby Phelps | Insight


By Mitchell Labiak2021-07-02T00:00:00+01:00
International investor BentallGreenOak (BGO) made its UK debut in 2019 with its forward-funding of 611,000 sq ft of warehouse space in Peterborough and has not let up since, snapping up a 2.1m sq ft portfolio from Thor Equities Group and Morgan Stanley Real Estate Investing earlier this year, and partnering with Equation on a £100m scheme in Bristol, to name but two of the investor’s high-profile UK shed deals.
Toby Phelps
Despite the level of competition it now faces in what is arguably the hottest sector in property thanks to the pandemic, the company is not done yet, says Toby Phelps, managing partner and head of European equity at BGO. Property Week caught up with Phelps to find out why the company is so bullish about the sector and what its next move will be. ....

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Amazon looking at Ashford for new style delivery depot


Amazon looking at Ashford for new style delivery depot
Amazon is thought to be looking at a new style delivery depot in Ashford, Kent, similar to the ones at Peterborough Gateway and Tyelsey following a grnat of planning permission.
Proposlas for the new £34 million depot on GSE Developments’ Waterbrook Park were given the go-ahead in a virtual planning committee meeting in January.
At present the scheme is being  described as being pre-let as a ‘parcel distribution centre’ but the site has been linked with Amazon in the past.
The proposals are closely aligned to those previously confirmed as being let to Amazon and include decked van storage areas for a fleet of electric vans (614) as well as multiple launch bays, van waiting bays and cage bays. The warehouse totals 127,186 sq ft and has 14.5m eaves. ....

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