Airport property firm launches first green warehouse

AIPUT fund (Airport Industrial Property Unit Trust) has submitted a planning application at its London Heathrow Radius Park campus, the first major renovation project to be financed under a £350 million sustainability-linked credit facility with Wells Fargo Bank.  It says it signals a new chapter in the fund’s strategy to deliver highly desirable, low-carbon and high energy performing logistics warehouses.   Two adjacent warehouse units at AIPUT’s Radius Park campus will be stripped ... [+]

AIPUT starts work on Heathrow shed

The Airport Industrial Property Unit Trust (AIPUT) has started construction works on an Heathrow airport-related warehouse development at Blackthorne Point on the Poyle Trading Estate. The new, 27,760sq ft (2,579 sq m) GEA building is close to Junction 14 of the M25 and alongside AIPUT’s Blackthorne Point Estate. The new ... [+]

Aiput makes airport property breakthrough

Aberdeen Standard Investments’ Airport Industrial Property Unit Trust (Aiput) says it has almost doubled its ownership of land around Heathrow Airport with the completion of the freehold acquisition of a 75-acre site next to Poyle Trading Estate. It is the largest strategic land transaction in the area for over 20 ... [+]

Business is booming, says Heathrow landlord

Aberdeen Standard Investments’ AIPUT fund says it has bucked the Covid effect and has achieved full occupancy across its London area airport industrial real estate portfolio following the completion of several key lease agreements at Heathrow.   AIPUT is one of the largest private landlords at Heathrow, with a portfolio of some ... [+]

Kuehne+Nagel extends Heathrow lease

Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has secured a lease extension to 2030 with forwarder Kuehne+Nagel for its Heathrow South Cargo Centre. GlaxoSmithKline is the leading customer of the facility, and represents a significant share of the UK’s pharmaceutical imports and exports. Kuehne+Nagel also operates AIPUT’s Perishables Handling ... [+]

Brisk business for Heathrow property agent

Aberdeen Standard Investment’s Airport Industrial Property Unit Trust (AIPUT) fund has secured several new leasehold customers totalling 45,000sq ft at its Blackthorne Point site at Colnbrook near Heathrow. Unit 12, 15 and 16 (totalling 3,019sq ft) have been let to Micronutrients, London E Cargo and City2City Couriers, each within a ... [+]

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