Forsters advises Barwood Capital on the acquisition of a proposed industrial and logistics scheme in Nottingham

Forsters has advised Barwood Capital (“Barwood”) on the purchase of a 17.4 acre site in Bulwell, Nottingham for the development of a new high quality industrial and logistics scheme.

Barwood have teamed up with Premcor, who will act as their development manager, to secure planning and deliver a net zero carbon and BREEAM Excellent 370,000 sq.ft. single unit close to the M1.

Edward Henson, Director and Head of Transactions at Barwood Capital, comments: “With the support of the City of Nottingham, we are looking forward to creating first class, sustainable logistics accommodation in an area where there’s currently no available units above 300,000 sq ft. Meeting this demand will offer jobs and opportunities to many local residents as we continue to emerge from the Coronavirus pandemic.”

Commercial Real Estate Partner, Victoria Towers, led on this transaction, assisted by Senior Associate, Jade Capper.