£40m land deal to bring forward major logistics scheme

Click to read the article in full.  

Development land at Horizon 29 in Derbyshire has been sold in a deal worth almost £40m.

ALMCOR and St. Francis Group, through their joint venture Bolsover Land Limited (BLL) vehicle, have sold the 80-acre site at Horizon 29 to BentallGreenOak and Equation Properties.

BGO and Equation will develop up to 1.2 million sq ft at Horizon 29 across the 140-acre brownfield site, next to Junction 29A of the M1 and Markham Vale.

Horizon 29, formerly the Coalite works, was acquired by BLL in 2012. The site has been remediated and core infrastructure constructed.

BLL retains over 33 acres for further development which will be brought forward alongside the BGO development.

Related Articles

Rupert Wood, head of strategic land at ALMCOR, said: “This

 link source - The Business Desk

Continue reading this article at the original source Here