September 2016 - Verdion

Great Yorkshire Way reaches another milestone

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Planning permission has been granted today (20 September) for the second phase of Great Yorkshire Way which will complete the link between the motorway network and Doncaster Sheffield Airport.

Coordinated by Doncaster Council and funded by the Sheffield City Region Investment Fund, the second stage of this regeneration route will create a one mile connection from Bawtry Road to Hurst Lane.

Commenting on the Planning Committee’s decision, Mayor of Doncaster, Ros Jones, said: “I am delighted we have reached the next stage of this key regeneration project. The final section will enhance the remarkable transformation this link road is having for Doncaster and particularly our international airport.”

Great Yorkshire Way opened earlier this year and the three mile link from junction three of the M18 to Parrot’s Corner at the A638 Bawtry Road has significantly reduced congestion in the south of Doncaster, cut journey times to the airport and has seen major private sector developments flourish. People across the borough and beyond are benefiting from the new road.

The £500million iPort already has Fellowes, Amazon and CEVA confirmed as tenants.

Harron Homes are building new homes at their Heatherfields development on the former Rossington Colliery site and sales are going well.

Doncaster Sheffield Airport continues to expand with Flybe flying people to numerous European holiday and business destinations. The airport has just announced August was their busiest month on record and over one million people have flown from Doncaster Sheffield Airport in the past 12 months.

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Mayor Jones, continued: “Great Yorkshire Way has already been the catalyst for significant levels of private sector investment which is delivering the expected new jobs, growth and homes for Doncaster and Sheffield City Region. These major economic benefits will continue to be realised with the completion of this major infrastructure scheme.”

Sir Nigel Knowles, Chair of the Sheffield City Region LEP, said: “Long-term economic growth requires sustainable investments that build and nurture vibrant communities. Connectivity is absolutely key to that growth and this road vastly accelerates journey times to Sheffield City Region’s fast-growing airport.  Now connected to major airport hubs across Europe including Paris, Berlin and Amsterdam, Sheffield City Region is opening up new markets for growing businesses. This road development has the full support of the Local Enterprise Partnership.”

Steve Gill, chief executive of Doncaster Sheffield Airport, said: “This is a fantastic step forward in terms of connectivity and will make passenger journeys to Doncaster Sheffield Airport even easier. The new road, which opened earlier this year, aptly named ‘Great Yorkshire Way’, links Doncaster Sheffield Airport directly with the UK’s major motorway network from junction 3 of the M1. The enhanced access means quicker and easier journeys to the airport for passengers, but importantly it also transforms the airports catchment area. There are now an additional 1 million passengers within 60 minutes of the airport.

“The benefits of this scheme are already evident with Flybe opening a brand new base serving 10 destinations, including major European hubs, Paris, Amsterdam and Berlin, and incumbent airlines Thomson and WizzAir continue to go from strength to strength.

“We are looking forward to seeing this project getting underway and to bringing the airport even closer for our passengers.”

Construction of the second phase could start towards the end of 2016 and be completed by late 2017.

The Finningley and Rossington Regeneration Route Scheme (FARRRS) now referred to as Great Yorkshire Way is supported by the Sheffield City Region Local Enterprise Partnership (LEP) and Combined Authority and is a central part of the Sheffield City Region Growth Plan which aims to stimulate economic growth and create 70,000 jobs over the next 10 years.

People can find out more about the scheme at: www.doncaster.gov.uk/greatyorkshireway

Verdion Starts construction of 290,635 sq ft (27,000 sq m) BMW logistics facility in Malmö, Sweden

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Verdion, Europe’s specialist logistics developer and investor, has commenced structural works on the 290,635 sq ft (27,000 sq m) logistics facility for BMW in Malmo, Sweden, holding a ceremony to mark the event today (16th September 2016).

The celebration took place on site at Verdion Logistics Park Malmö, the 20 acre (8 hectare) logistics site in Malmö, Southern Sweden, attended by BMW, the Staffanstorp Municipality and members of the Verdion team from London, Dusseldorf and the newly opened Malmö office.

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L-R: Andre Banschus, Country Manager Germany, Verdion; Lisa Lafave, Senior Portfolio Manager – Real Estate, Healthcare of Ontario Pension Plan (HOOPP); Wolfgang Baumann, Director, Parts Logistics Management, BMW Group; Christian Sonesson, Mayor of Staffanstorp

Verdion is investing €20 million into the development of this new built-to-suit, Grade A logistics facility which will be used to store and distribute car and motorcycle parts. Construction is due to complete at end of May 2017.

Verdion CEO, Michael Hughes, comments: “It’s a pleasure to be here today to celebrate the start of construction of this strategic logistics facility. I would like to thank the BMW team for entrusting us to be their development and investment partners and to all local stakeholders for helping us with the project.”

“The event follows the opening of our new Swedish headquarters in Malmö, bringing together our experienced platform in Scandinavia, reinforcing our confidence in the Nordic market.”

Verdion Logistics Park Malmö is located just outside Malmö City on the edge of the town of Staffanstorp. Positioned at a junction of Highway 11, the site has a direct connection to Malmö and Copenhagen, as well as other Swedish and European cities.

Christian Sonesson, Mayor of Staffanstorp, says: ”We see a bright future for our region and are happy that BMW and Verdion have also seen the advantages of Staffanstorp – not least the fantastic geographical location and the availability of skilled labour.

“We celebrate today this new development that will bring many new jobs to Staffanstorp and we look forward to a strong, ongoing international working relationship with Verdion and BMW.”

Verdion Expands Nordic Team Opening new Swedish HQ

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Verdion, Europe’s specialist logistics developer and investor, has opened a new office in Malmö Sweden, to expand its activities in the Nordic logistics property market. Sven-Åke Wikers has been appointed as Verdion Business Director – Nordics, to lead the Company’s drive for new development opportunities.

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Verdion has established a successful track record in Sweden and Denmark, including: the new 290,635 sq ft (27,000 sq m) flagship logistics facility for BWM at Verdion Logistics Park Malmö being developed this year and; the 161,400 sq ft (15,000 sq m) €25 million distribution facility developed for DHL in Copenhagen in 2013

Michael Hughes, CEO of Verdion, comments: “We are pleased to announce this new appointment, reflecting the continued and sustained growth for the Verdion business. Sven-Åke is a highly experienced international construction and development professional who will add considerably to our capabilities in these important Nordic markets.”

The team will we based at Hyllie Kyrkoväg 87, 16 17 Limhamn.

Wikers@verdion.com

Verdion Secures another 215,800 sq ft (20,055 sq m) Pre-let at its £500 million iPort Development

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Verdion has announced a further new letting at iPort, at its £500 million multi-modal logistics development in Doncaster, South Yorkshire.

One of the world’s leading supply chain management companies has taken a 215,800 sq ft (20,055 sq m) unit in Phase One of the 6 million sq ft (570,000 sq m) scheme, to service its contract with one of the world’s top sports brands.  Construction work has now started on the 205,800 (19,126 sq m) warehouse and 10,000 sq ft (929 sq m) of office space. Completion is scheduled for February 2016.

Michael Hughes, CEO of Verdion, comments: “This deal follows swiftly on the heels of the double, 1.315 million sq ft letting to a global retailer. iPort is continuing to attract high-profile occupiers with great covenants and we have strong interest in the rest of the scheme.”

iPort is a Strategic Rail Freight Interchange (SRFI) which will deliver over 6 million sq ft (570,000 sq m) of Grade A logistics warehousing linked with a high specification rail freight intermodal container facility providing rail freight services with continental gauge clearance to all major UK ports and the Channel Tunnel. The scheme offers design and build warehouse/logistics units from 50,000 (4,645 sq m) to 1.2 million sq ft (111,480 sq m).

Verdion is developing iPort on a 337 acre (136 hectare) site in Rossington, Doncaster. The site is linked with Junction 3 of the M18 via the Great Yorkshire Way which opened in February 2016.

Gent Visick, CBRE and Cushman & Wakefield are letting agents for iPort.

For more information visit www.iportuk.com.