Henry Boot to build £1bn of developments after launching new joint venture with investor
Henry Boot is set to build industrial developments worth £1bn across the UK after forming a joint venture with an investor.
The group’s Henry Boot Development (HBD) has formed the partnership with Feldberg Capital which will be known as Origin, with the Yorkshire firm taking a 25% stake, amid moves to become a leader in the development of ‘mid box’ industrial and logistics schemes.
Origin will be seeded with an initial portfolio of three sites, in Walsall, Welwyn Garden City and Markham Vale – a development pipeline worth £100m. At the Spark scheme in Walsall, Henry Boot will create a 13-acre development site with a £53m gross development value )GDV), just off the M6. Spark has full planning consent for phase one, which comprises two units totalling 270,000 sqft.
In Welwyn Garden City the firm will work at Inter, a three-acre development site with a £27m GDV near Junction 4 of the A1(M). The site has detailed planning consent for a 71,
Recommend
Lloyds Banking Group confirms new hub in South Wales for 3,000 staff
2025-03-24 10:05:27
2025-03-24 10:05:27
Funding boost for new Digbeth resi scheme
2025-03-24 10:05:27
2025-03-24 10:05:27
Offices of former Tory MP Sir Jake Berry to be turned into minicab call centre
2025-03-24 10:05:27
2025-03-24 10:05:27
Landsec buys majority stake in Liverpool One shopping centre for £490m
2025-03-24 10:05:27
2025-03-24 10:05:27
Angry residents told their objections to controversial office-to-residential plans are 'not applicable'
2025-03-24 10:05:27
2025-03-24 10:05:27
Former council offices to be transformed into new apartment block
2025-03-24 10:05:27
2025-03-24 10:05:27
Cornwall's Watergate Bay Hotel given green light for redevelopment
2025-03-24 10:05:27
2025-03-24 10:05:27
From dentistry to the Yorkshire Dales: family firm changes career to acquire camping and guesthouse business
2025-03-24 10:05:27
2025-03-24 10:05:27
Harworth completes £53.5m Warwickshire deal three years in the making
2025-03-24 10:05:27
2025-03-24 10:05:27
£2m boost from Metro Mayor's office to revamp town centre - promising economic growth and new jobs
2025-03-24 10:05:27
2025-03-24 10:05:27
