Indurent Group

Indurent secures 10-year lease with major European manufacturer Soudal Group

Rebecca — Thu, 04 Sep 2025 10:59:49 +0000

Indurent, a leading developer, owner, and operator of industrial and logistics space across the UK, has signed a 10-year lease with Soudal Group, the largest independent European manufacturer of sealants, adhesives and polyurethane foams, for c.50,000 sq ft of industrial and logistics space at Indurent Park Tamworth.

Located in Staffordshire, Indurent Park Tamworth forms part of Indurent’s significant Midlands portfolio, which in total spans over 9.5 million sq ft. The thriving 32-acre distribution site is ideally located with excellent connectivity to junction 10 of the M42 and with access to Birmingham City Centre in approximately 35 minutes.

Soudal, along with Indurent Park Tamworth’s other tenants, including Moonpig, Winit (UK) Ltd, and Super Smart Service Ltd, benefit from being within five minutes of the Birmingham Intermodal Freight Terminal (BIFT), which is operated by the UK’s foremost multimodal transport and container handling specialists, Maritime Transport. Birmingham Airport is also readily accessible, being only 14 miles away.

“Soudal’s decision to establish its next phase of growth at Indurent Park Tamworth is a strong endorsement of both the quality of our developments and the strategic strength of the Midlands as a logistics hub. With excellent connectivity, a skilled local workforce, and a best-in-class, sustainable specification, this site exemplifies the value we aim to deliver across our portfolio.”
George Goldsmith, Senior Asset Manager at Indurent,

“The opening of our new Tamworth warehousing facility marks a significant step in our growth strategy for the UK market. The warehouse will operate simultaneously with our current operations in Tamworth, dramatically increasing our warehouse capacity and facilitating our plans for future growth. The new premises will enable us to continue delivering exceptional levels of service to our valued customers as we expand.”
Michael Gamble, Managing Director at Soudal (UK) Ltd

The Tamworth development has been built to the Indurent Standard and achieved an EPC A rating. Soudal’s unit benefits from Smart LED lighting throughout, which reduces energy consumption by up to 75%, with the space including a 10m clear internal height, three docks and 2-level access doors with a secure yard providing 40m depth, and 35 car parking spaces.

Indurent has worked closely with Soudal over the past six months and will deliver a bespoke refurbishment, including fit-out elements, ensuring a smooth transition and minimising any delay between occupation and becoming operational later this year.

Indurent marks its first year with over £1bn of investment and nearly 20% portfolio growth

Rebecca — Wed, 06 Aug 2025 11:38:57 +0000

Indurent, a leading developer, owner, and operator of industrial and logistics space across the UK, reported strong momentum following its first year of trading, marked by 18% portfolio growth and more than £1 billion of investment in new acquisitions and developments.

The business was launched in July 2024 through the integration of St. Modwen Logistics and Industrials REIT, bringing together significant development capability, a deep landbank, and a best-in-class operating platform. Since then, Indurent has grown its workforce by nearly 30% to 230 employees and now serves over 2,500 customers, ranging from local trades to global businesses such as Amazon and creative disruptors like N2 Creative, set builders for the hit series Gangs of London.

In its first 12 months, Indurent has invested over £1 billion in asset acquisitions and new developments. This growth has expanded the company’s national footprint from c.27 million sq ft to 32 million sq ft, across both multi-let industrial (MLI) and big-box logistics formats.

“The strong momentum we’ve built in our first year as Indurent reflects the strength of our portfolio. We’ve been able to scale at pace, delivering highly sustainable space in prime locations and deploying market-leading tools like Hive to meet the needs of modern businesses.”

“There is growing recognition that logistics and industrial infrastructure form the backbone of the modern economy. Planning reform, supply constraints, and occupier demand are all creating tailwinds for growth. We’ve laid a strong foundation in year one, and we’re excited to build on it.”.
Julian Carey, CEO of Indurent

Indurent’s prime locations across the UK, combined with its highly sustainable buildings, have attracted a wide range of new tenants during the period, with over 2.4 million sq ft of space leased in nearly 450 transactions. Notable deals include Herman Miller, a leading interiors and furniture designer, agreeing terms to occupy a 110,000 sq ft build-to-suit unit at Indurent Park Chippenham, and aviation specialist, AerFin which relocated its HQ to a 116,000 sq ft office and industrial space at Indurent Park in Newport, Wales, doubling its capacity.

This leasing success has been supported by over £10 million of investment in technology, accelerating the rollout of ‘Hive’, Indurent’s proprietary digital operating platform. Hive enables a fully digitised leasing journey, from virtual viewings to instant onboarding. Today, more than three quarters (75%) of sub-5,000 sq ft lettings are completed directly with customers via the platform, often within just three days of an enquiry.

Indurent submits planning application for major new logistics development in Heywood

Rebecca — Tue, 08 Jul 2025 13:57:06 +0000

Indurent, a leading developer, owner, and operator of industrial and logistics space across the UK, has submitted a detailed reserved matters planning application for a new c.500,000 sq ft distribution unit at Heywood Distribution Park in Heywood, Rochdale. Outline planning approval on the 26 acres site was received in May.

Strategically located close to Junction 19 of the M62 and Junction 3 of the M66, Heywood Distribution Park is a well-established logistics hub that benefits from excellent transport links and direct access to the North West and Yorkshire markets.

The park benefits from a strong local labour pool in nearby Rochdale and Bury, and the proposed development has the potential to generate more than 500 jobs once fully occupied, supporting employment and economic growth across the region.

Designed to the highest sustainability standards, the new unit is designed to the Indurent Code, targeting BREEAM ‘Excellent’ and EPC A+. In addition, the building will have a 5MVA power supply with the ability to upgrade to more than 10MVA and will appeal to a broad range of manufacturing and distribution customers.

Indurent hope to secure planning by late summer, with the potential for construction to commence in late 2025 and complete by late 2026.

“If approved, this new facility at Heywood Distribution Park will play a vital role in supporting the region’s growth by attracting leading occupiers and creating high quality jobs. This submission marks an exciting step forward in our commitment to delivering best in class, sustainable manufacturing and logistics space in strategic locations, like the North West.”
Rob Richardson, Development Director at Indurent

Indurent owns and operates a c.9m sq ft portfolio of high-quality industrial and logistics space in the North West – of which c.90% is currently let – including Indurent 420, Omega West, a new c.421, 000 sq ft high-spec industrial and logistics facility in Warrington that recently completed in June 2025.

Indurent leases c.125,000 sq ft of newly developed warehousing in Warrington to Regency Glass

Rebecca — Wed, 11 Jun 2025 11:15:01 +0000

Indurent, a leading developer, owner, and operator of industrial and logistics space across the UK, has signed a 15-year lease with Regency Glass Ltd, a leading manufacturer of Insulating Glazing Units (IGU) in the UK, for c.125,000 sq ft of industrial and logistics space across two newly developed units at Indurent Park Trident in Warrington.

The two new units, delivered by main contractor Caddick and completed and completed in April 2025, have achieved BREEAM Excellent and EPC A certifications. Rooftop solar PV and smart LED lighting are included on the units as standard, with the newly delivered warehousing also including c.5,400 sq ft of operationally net zero office space to support a range of administrative and finance roles.

The new buildings form part of Indurent’s commitment to modernising existing stock and upgrading poor-quality, energy-inefficient facilities with modern, sustainable warehousing. Indurent worked closely with Warrington Borough Council and the local community to ensure a sympathetic transformation of the site, with a strong emphasis on high-quality landscaping and environmental performance.

Indurent Park Trident is located in Birchwood, Warrington, one of the leading distribution hubs in the north west of England. With direct access to the M6 and Junction 11 of the M62, the estate provides occupiers with easy road connectivity to major nearby consumer catchments, as well as access to national customers. Manchester is a 30-minute drive to the east, and Liverpool is less than a 45-minute drive to the west, with readily accessible airports and ports in those cities bolstering Indurent Park Trident’s connectivity to international distribution networks.

“Warrington is a well-established hub for logistics and manufacturing, attracting a wide range of occupiers from local manufacturers to global distributors, with this letting to Regency Glass adding to the park’s diverse occupier base.

We have a long standing confidence in the strength of this submarket and the appeal of the estate, and have invested significantly in upgrading Indurent Park Trident, working closely with local stakeholders to deliver sustainable, efficient space that supports local business growth and employment.

Having been in operation since 1983, Regency Glass is now in collaboration with Corning Incorporated, a world leader in glass, ceramic, and materials science, to manufacture a new, innovative triple glazing solution that incorporates Corning’s ultra-thin architectural glass. This product will soon be available to consumers in the UK.”
Hannah Bryan-Williams, Senior Customer and Leasing Manager at Indurent

“We are proud to announce the most significant expansion in Regency Glass’s history, marking a major milestone in our strategic growth plans. Our partnership with Indurent has been instrumental in this venture; their values closely align with our own, and their proactive and collaborative approach has been invaluable throughout the process. The two adjacent industrial units we’ve secured are ideally suited to support our next phase of innovation and operational scale-up. We have developed a strong working relationship with Indurent and their key personnel, and we look forward to a successful and productive collaboration.”
Bradley Beazant, Chief Development Officer at Regency Glass

Indurent owns and operates a c.9m sq ft portfolio of high-quality industrial and logistics space in the north west, c.90% of which is currently let.

CBRE acted for Indurent, while Knight Frank acted for Regency Glass in the transaction.

Indurent Submits Planning Application for Major Employment Hub at M6 Junction 16

Rebecca — Thu, 15 May 2025 14:31:30 +0000

Indurent, a leading developer, owner, and operator of industrial and logistics space across the UK, has submitted an outline planning application for a major
new logistics and employment hub on land southeast of Junction 16 of the M6 motorway in Staffordshire.

The ambitious plans will see the delivery of a state-of-the-art industrial and logistics hub with approximately 2.3m sq ft of employment space across six development zones. Designed to meet a minimum of BREEAM ‘Excellent’ and EPC ‘A+’ standards, the new units will provide modern, energy-efficient workspace to support high growth sectors.

With strong demand for employment space in the Midlands, the scheme represents a significant long-term investment in the local area and is expected to generate up to 3,500 direct jobs, with an additional 1,200 roles supported through construction and the regional supply chain.

Strategically positioned near the intersection of the M6 and A500, the site offers direct access to key regional and national transport corridors, connecting the North West, Midlands, and Wales.

The development will also include a dedicated lorry park, new walking and cycling routes and extensive woodland planting, including over 100,000 new trees and shrubs planted on site, to enhance the natural landscape.

“Our plan represents a major investment in the West Midlands’ regional economy, delivering thousands of new jobs, while taking a landscape-led approach that opens up access to green space for the local community.”

“The proposals follow extensive public consultation, and we are grateful to all those who contributed valuable feedback which has helped to shape our plans. We look forward to continuing to work closely with the community and local stakeholders as the plans progress.”
Damien Holdstock, Planning Director at Indurent,

The site is included as a draft allocation for employment development in Newcastle-under-Lyme Council’s emerging Local Plan, which is currently under review by the Planning Inspectorate. If adopted, the plan would confirm the site’s allocation for this purpose.

Indurent completes leasing transactions totalling c 1 million sq ft in Q1 in sign of strong demand for modern I&L space across the UK

Rebecca — Tue, 13 May 2025 10:42:09 +0000

Indurent, a leading developer, owner and operator of industrial and logistics space, has completed leasing transactions totalling c.1 million sq ft in the first quarter of 2025, including significant deals for a combined c.140,000 sq ft at Indurent Park Chippenham and Indurent Park Derby, in a sign of strong demand for modern industrial workspace.

A total of 195 transactions were completed in the period, including 75 signed in February alone which represents a record month since the company launched in July 2024.

Over the three-month period, more than three quarters (76%) of the transactions were new leases and renewals, with the remainder comprising rent reviews. The majority (86%) of leases were for urban multi-let industrial units sub 10,000 sq ft.

In one of the most notable deals of the quarter, Herman Miller, a leading interiors and furniture designer, agreed terms to occupy a 110,000 sq ft unit at Indurent Park Chippenham on a build-to-suit basis. The new unit will be completed in early 2026. Meanwhile at Indurent Park Derby, Sinoboom, a plant and machinery company based in the Netherlands, has signed a lease for a 27,600 sq ft unit.

Indurent’s market-leading, tech-enabled operating platform, Hive, leasing and occupancy data relating to more than 2,000 businesses to be tracked and analysed dynamically. Enquiry data tracking also suggests robust leasing performance will continue in the coming months, with Indurent reporting a monthly average of 705 leasing enquiries in Q1 2025 versus a 2024 monthly average of 542.

“Despite continuing economic uncertainty, demand for modern I&L space remains robust across the key UK markets, particularly for mid-box and MLI assets. Based on the record enquiry levels we received in the first three months of the year, this positive leasing momentum looks set to continue.”

“Businesses, particularly SMEs, not only want well-located, sustainable workspaces, they demand a frictionless experience and the ability to expand and contract as their circumstances change. Our continued investment in our tech-enabled operating platform and focus on customer service is helping to drive leasing activity and keep occupancy very high across a granular portfolio.”
Simon Ross, Head of Portfolio Management, Indurent

Indurent submits planning application for final phase of Longbridge West

Rebecca — Thu, 17 Apr 2025 13:23:06 +0000

Indurent, a leading developer, owner and operator of industrial and logistics space across the UK, has submitted a planning application for the final phase of development at Indurent Park Longbridge West.

The site is 12km south-west of Birmingham city centre and formed part of the MG Rover car manufacturing plant, known for producing iconic cars such as the Mini and Austin 7, which closed in 2005. The submission marks a significant milestone in the regeneration of the area, with £30 million of investment set to deliver modern, industrial employment space to support jobs, skills development and long-term economic growth.

The plans will see Indurent deliver over 339,000 sq ft of modern industrial and logistics space, including ancillary office space, across 13 units. Designed to meet BREEAM ‘Excellent’ and EPC A standards, the new units will provide modern, energy-efficient workspace targeted at high-growth industries such as advanced manufacturing, logistics, and distribution, that offer higher-than average salaries and strong career progression.

Once complete, the scheme will create 590 full-time jobs, as well as 280 roles during construction and local opportunities for training and skills.

The proposals will also enhance local infrastructure and sustainability by integrating the site with the River Rea valley walking and cycling routes and improving transport links to Birmingham and the wider West Midlands.

The planning submission follows Mayor Richard Parker’s visit to Longbridge on Friday, 11 April, which marked 20 years since the closure of the MG Rover plant. As part of the visit, Indurent provided the Mayor with a site tour and presented its vision for Indurent Park Longbridge West, highlighting the site’s role in the area’s long-term economic growth.

“This planning application marks a major milestone for Indurent and for the wider regeneration of Longbridge. This development will deliver high-quality, modern employment space, bringing investment, job creation, and economic growth to the area. As we reach 20 years since the closure of the MG Rover plant, the site is beginning a new chapter as a hub for business and innovation. We look forward to working closely with the local authority and community to bring these plans to life and ensure they deliver lasting benefits for Longbridge.”
Jesscia Evans, Senior Planning Manager at Indurent

Indurent Begins Speculative Development of First New-Build MLI Scheme at Fully Let Indurent Park Gloucester

Rebecca — Tue, 01 Apr 2025 10:31:45 +0000

Indurent, a leading developer, owner, and operator of industrial and logistics space across the UK, has commenced construction on the sixth and final phase of Indurent Park Gloucester. This milestone marks the first speculative multi-let industrial (MLI) scheme Indurent has developed itself since its launch in July 2024..

This latest phase will deliver circa 234,000 sq ft of MLI and mid-box logistics space across 12 units, ranging from 6,000 to 57,000 sq ft. Designed to the highest sustainability standards, all units will target BREEAM ‘Very Good’ to ‘Excellent’ and EPC A+ certifications. As part of this phase, 38k sq ft of rooftop solar PV and 34 EV charging points will also be installed.

Scheduled for completion in December 2025, Indurent Park Gloucester will then comprise c.943,000 sq ft of high-quality industrial and logistics space across 22 units. The existing space is fully let to a diverse range of occupiers, including ProCook, Gardiner Bros, Consentino, and Schlumberger.

Recent JLL research has highlighted ongoing supply challenges in the UK MLI and mid-box sector:

Total supply rose just 1.3% in the 12 months to September 2024.
Speculative development in March 2024 fell 26.0% year-on-year and is now 63.2% lower than March 2022.
The UK’s 13.9 million sq ft total supply equates to 20 months of demand (based on a three-year average take-up of 8.2 million sq ft).
Rental growth for 10,000–20,000 sq ft units averaged 5.0% in the year to March 2024, highlighting strong market fundamentals despite constrained supply.

“The dearth of high-quality new supply coming into the UK MLI market impedes business and employment growth and delivery of this type of adaptable space is vital for local economies.”

“This is the first speculative MLI space to be delivered by Indurent, underlining our strong conviction for urban warehousing and our development capability. The continued expansion of Indurent Park Gloucester, which is home to wide range of local, national and international businesses, is reflective of our strategy to deliver, own and manage the space needed by customers of all shapes and sizes, at all stages of the supply chain.”
Marcus Riley, Development Manager at Indurent

Strategically located just half a mile from Junction 12 of the M5 motorway, Indurent Park Gloucester offers direct access to Bristol and the M4 to the south, as well as Birmingham and the M6 to the north. The nearby A38 dual carriageway further enhances regional connectivity, providing access to the South West’s strong labour and consumer markets.

Indurent Park Derby Named 2025 Commercial Development of The Year (East Mids) CoStar Impact Award Winner

Rebecca — Wed, 26 Mar 2025 15:38:50 +0000

Indurent Park Derby has been named the 2025 Commercial Development of the Year (East Midlands) at the CoStar Impact Awards. Selected by a panel of 630 industry professionals, the project was recognised for driving economic growth, innovation, and sustainability in the region.

Developed by Indurent, the project has transformed 27.1 hectares of brownfield land into a leading manufacturing and logistics hub, creating high-skilled jobs and attracting global businesses such as Rolls-Royce and Swedish med-tech firm Getinge. Originally earmarked for retail, the site was redeveloped through a partnership between Indurent, Network Rail, and Derby City Council.

“Indurent Park Derby is a great example of how collaboration and long-term vision can transform underused land into a thriving industrial hub. Overcoming significant infrastructure and planning challenges, we’ve created a high-quality, sustainable development that supports economic growth, attracts global businesses, and delivers real benefits to the East Midlands. This award is a testament to the hard work of everyone involved.”
Rob Richardson, Development Director at Indurent

The CoStar Impact Awards recognise exemplary commercial real estate transactions and projects completed in 2024 that have significantly influenced neighbourhoods or submarkets across 129 major international markets in the United Kingdom, United States and Canada.

“Now in their fourth year, the CoStar Impact Awards continue to be an incredible opportunity to recognise the commercial property transactions and projects fundamentally transforming the industry landscape.”

“We received so many inspiring submissions this year and enlisted a diverse panel of judges across each market to identify the most impactful projects shaping commercial property. Congratulations to all the winners for their efforts to change the industry and the communities they serve.”
Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group

To learn more about the CoStar Impact Awards and review the full list of winners, visit http://www.CoStarImpactAwards.co.uk/

Indurent to deliver c.230,000 sq ft of new industrial and logistics space in Basingstoke

Rebecca — Thu, 06 Mar 2025 15:58:18 +0000

Indurent, a leading developer, owner and operator of industrial and logistics space across the UK, has secured detailed planning approval for a c.230,000 sq ft industrial and logistics development on the Viables Business Park.

The scheme, delivered under an innovative Development Agreement between Indurent and Basingstoke and Deane Borough Council, will revitalise a large industrial complex currently occupied by Sony Europe B.V.

As part of the agreement, Indurent will construct a new c.43,000 sq ft facility for Sony on a vacant car park within the existing complex. Once Sony relocates, the current building will be demolished and a speculative c.161,000 sq ft industrial unit will be developed. This modern, sustainable space will expand Indurent’s portfolio and provide state-of-the-art facilities for future occupiers. Under the terms of the Tripartite Agreement, Indurent will gift the new building to the Council upon completion, whilst the Council will grant Indurent a long term lease for the unit.

Each of the new units will be delivered according to the best in class ‘Indurent Code’ of sustainable construction, targeting at least EPC A+ and BREEAM ‘Excellent’ credentials as well as offering operational net zero office space. The project is expected to support over 200 jobs.

This marks Indurent’s second scheme under this collaborative development agreement structure with Basingstoke and Deane Borough Council, having delivered c.190,000 of warehousing across three units for LevertonHELM in 2022, part of an £18.1 million investment to regenerate the neighbouring former ITT headquarters complex.

Indurent Park Basingstoke is located on the Viables Business Park, within two miles of Basingstoke town centre and directly adjacent to the M3 motorway, providing direct road access to Southampton, London and the wider south east of England.

“Collaboration between local authorities and the private sector is critical to unlocking sites for the development of industrial workspace that will help drive regional economic growth. Our long-term partnership with Basingstoke and Deane Borough Council at Indurent Park Basingstoke is a blueprint for this, with the next phase of development at the scheme set to deliver a significant volume of sustainable, modern warehousing.”
Nick Kay, Senior Development Director at Indurent

“I am pleased that we have been able to work closely with Sony and Indurent to secure this significant investment for one of our major employment sites.”

“As well as retaining high-quality jobs and creating new employment opportunities in the borough with the additional building planned for the site, it is fantastic to see innovative technology development happening right here in Basingstoke.”

“Targeting BREEAM Excellent standards, this scheme will support our work to become a net zero carbon borough by 2030 and secure vital income for the council that we will continue to invest to deliver our high-quality services.”
Co-Leader and Cabinet Member for Finance and Property Cllr Gavin James

Hollis Hockley supported Indurent to successfully secure the Development Agreement.