UK REIT British Land has been granted permission to build a new logistics centre in Thurrock, Essex.
Construction of the 59,829 m2 multi-storey logistics scheme is expected to begin in the first quarter of 2025.
The facility will be designed for last-mile deliveries and returns.
It will be located near Junction 31 of the M25, providing easy access to Central London and the South East of England.
The asset will target a BREEAM Outstanding rating in line with British Land's Greener Spaces sustainability strategy.
Mike Best, head of logistics at British Land, commented: ‘We’ve been extremely busy working on our London Urban Logistics pipeline, and have received planning consents for four schemes this year. This enables us to deliver a number of high-quality new logistics space to meet the growing demand, underpinned by the growth of e-commerce and rising customer expectations on the speed and convenience of deliveries. Our schemes provide occupiers with much needed future-proofed warehousing in high-demand locations, and we continue to actively explore opportunities for high-quality logistics spaces in urban markets.’
British Land has a £1.3bn (€1.5 bn) pipeline of urban logistics developments in London and the South East. This year, the company has received permission to build 120,774 m2 of new logistics space, including sites in Southwark, Paddington, and Enfield.