Prospero Ansty Park

The Asset at a Glance

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.
Manse Opus
Investment Theme
Industrial & Logistics
Purchase Date
May 2017
Purchase Price
N/A
NIY
N/A
Fund
JV between Manse LLP, Opus Land and Rolls Royce
Features
• Bringing together landowner with skilled real estate investor / developer to maximise landowner receipt • Regeneration of defunct manufacturing facility • Close proximity to major roads and workforce • Tackling lack of industrial developments in the area
Purchase Rationale
• 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
Location
  • Ansty Park, Ansty, Coventry CV7 9JR