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Prospero Ansty Park, Coventry

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.
Purchase Date
May 2017
Purchase Price
N/A
NIY
N/A
Fund
JV between Manse LLP, Opus Land and Rolls Royce
Property Company
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 is currently being built for Cadent Gas
  • Planning has been submitted to create a 300,000 sq ft logistics and Headquarters facility for Kite Packaging
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

Related Case Study Media

November 25, 2020

Steels are underway for the new 90,000 sq ft office building at Prospero Ansty Park

​Steelwork has now begun at Prospero Ansty Park for the new 90,000 sq ft office development on behalf of Cadent. This purpose-built scheme will provide Cadent with a new, high-spec

Read the article

October 01, 2020

Cadent agrees to take a purpose built 90,000 sq.ft. office building at Prospero Ansty, from Manse Opus

Cadent, owners of the largest gas distribution business in the UK, is set to relocate a number of functions currently located in Hinckley, Coventry and Leicester to a brand-new purpose

Read the article

August 10, 2018

Aviva Investors acquires £73.4m manufacturing “super site“ pre-let to Meggitt

Aviva Investors has bought a 490,000 sq ft industrial scheme at Prospero Ansty for £73.4m (c. €82.1m) for its Lime Property fund. The transaction is believed to be one of

Read the article

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