HBD and Barings have submitted detailed planning for a strategic logistics scheme in Rainham, London, which will transform a 20-acre brownfield site. The proposed scheme would create 381,814ft² of new logistics and industrial space across four units ranging from 41,000 -171,000ft². Positioned upon the River Thames, with potential for jetty access, Momentum offers the perfect stepping stone into Central London and out via the A13 just minutes away. The new scheme, which is targeting BREEAM “Excellent” and an EPC A rating, will benefit from a landscaped environment with river views and high sustainability credentials, including PV solar panels and access to the Thames Cycle-Path.
Simon Quine, Senior Development Surveyor at HBD, said: “Industrial and logistics space remains in very limited supply across London, particularly larger distribution units. Momentum will plug that gap within the M25 and provide modern, sustainable logistics and distribution space to serve London and the wider South East market. Landscaping and wellness have been thoroughly considered, with careful design considerations and enhancements to the Thames Foot and Cycle path, which we hope will help occupiers to attract and retain staff.”
Darren Hutchinson, Head of UK Real Estate Transactions and Managing Director at Barings, said: “With the growth in demand significantly outpacing that of supply, projects like Momentum London will be in a strong position to appeal to prospective occupiers who are looking for quality assets with excellent transport links. In addition, the strong ESG credentials enable us to provide best in class accommodation and appeal to a wide tenant base. Given the need for prime logistics assets with these qualities, Momentum London will be a compelling offer and is reflective of other opportunities we seek to pursue.”
