Prospero Ansty Park,
Coventry

Overview

Icon for Sector

Sector

Industrial
Icon for Purchase Date

Purchase Date

May 2017
Icon for Purchase Price

Purchase Price

N/A
Icon for Strategy

Strategy

JV between Manse LLP,
Opus Land and Rolls Royce
This site represents a unique opportunity to bring economic benefits of a significant scale to the region and is set to become one of the most important redevelopment sites in the Midlands. The redevelopment of this brownfield site has the potential to create thousands of new jobs and generate new business rates as well as helping to safeguard green belt land that might otherwise be released to meet pent up demand in the industrial sector.
Image of Manse Opus
Manse Opus

Property Company

Logo Manse Opus

Features

  • 2,300,000 sq ft site in the Golden Triangle
  • 1,500,000 sq ft of space remaining
  • Capability to develop a single building of up to 700,000 sq ft
  • Total GDV of the project will be in excess of £250m
  • A new 490,000 sq ft industrial facility was developed on behalf of Meggitt PLC
  • A 90,000 sq ft office development was developed on behalf of Cadent Gas
  • A new 3-unit, 241,000 sq ft logistics scheme, Apollo, is currently under construction and forward funded by Goldman Sachs

Purchase Rationale

  • Bringing together a landowner with skilled real estate investors / developers to maximise landowner receipt
  • Regeneration of defunct manufacturing facility
  • Close proximity to major roads and workforce
  • Tackling lack of industrial developments in the area

ESG

Certification

  • Target BREEAM Very Good (achieved for all live projects)
  • Target BREEAM Excellent for new speculative scheme

Resource use and efficiency

  • Provision for rainwater harvesting
  • Electric car charging points

Renewable energy

  • Seven football pitches worth of photovoltaic panels on site

Health and wellbeing

  • Cycle storage

Location

  • Ansty Park, Ansty, Coventry CV7 9JR

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