Panattoni acquires Wakefield site for 500,000 sq ft speculative logistics development

Panattoni has acquired a 23-acre site at Wakefield Europort, West Yorkshire, from Delin Property to deliver a major 500,000 sq ft speculative logistics scheme.

The development, known as Panattoni Wakefield 500, will be delivered in joint venture with Newport by Panattoni and is scheduled to start on site this quarter.

The scheme will comprise a high-specification cross-docked warehouse designed to meet strong occupier demand for large-format logistics space, which remains in short supply across the UK.

Key specifications include:

• 56 dock doors

• 8 level access doors

• Up to 50m yard depth

• 62 HGV parking spaces

• 384 car parking spaces

• 2.5 MVA power supply

  
  

The development will target BREEAM Outstanding and net zero carbon in construction, reflecting increasing demand for sustainable logistics assets.

Wakefield Europort remains one of Yorkshire’s key logistics hubs, offering direct access to the M62, M1 and A1(M), alongside an established rail freight terminal supporting multimodal distribution and decarbonisation strategies.

Panattoni said the scheme is being delivered on a speculative basis due to constrained supply of large-scale logistics units in the region, particularly at the 500,000 sq ft level.

The project adds further momentum to speculative logistics development across the UK, as occupier demand continues to outpace available supply in key regional markets.