State-of-the-art sustainable industrial development on the outskirts of Southampton
- Investment StrategyLow-carbon logistics, Property
- Date of Initial InvestmentMay 2023
- Bridges ExecutivesHenry Pepper
Thesis
The built environment is responsible for about 37% of all carbon emissions globally. So improving energy efficiency is of the most important factors in achieving Net Zero carbon emissions.
Meanwhile the rise in e-commerce – accelerated by the pandemic – has driven greater investment in urban and last-mile logistics; and factors such as use diversification and re-shoring are helping to sustain demand.
So low-carbon logistics facilities are becoming increasingly attractive to organisations as a way to meet consumer demand, cut operating costs, accelerate their own Net Zero journey by reducing emissions, and future-proof their real estate portfolio against incoming regulation.
Investment
Bridges has partnered with Graftongate to develop Nursling 135, a new c.135,000 sq. ft. state-of-the-art industrial unit, on a 6-acre site at Nursling Industrial Estate, Mauretania Road, near Jct 3 of the M27. It is strategically positioned within an established industrial and logistics zone, stretching from the M27 to the Port of Southampton.
Outcomes
The Nursling development will be net zero carbon in operation and will include environmentally friendly features such as PV panels and rainwater harvesting. It will target EPC A+ and BREEAM Outstanding – which would make it one of the UK’s most sustainable industrial buildings.