Hermes Parcelnet distribution centre, UK
Name of the Project
Hermes Parcelnet distribution centre.
Location
Hoyland Common, Barnsley, England, in the UK.
Project Owner/s
Equites Newlands Group, a company in which Equites International owns 60% and Newlands Property Development owns 40%, will develop the property. Hermes has signed a 20-year triple net, fully repairing and insuring lease, which will start once the project is complete.
Project Description
The development will serve as the latest superhub for Hermes Parcelnet and will handle 1.3-million parcels a day.
The 31 570 m2 distribution centre will be situated on 18.54 ha, which translates into a low site coverage of 16.3%. The facility will provide Hermes Parcelnet with a newly built, high-specification, steel portal frame distribution warehouse with 163 dock-level loading doors and four level-access loading doors.
Potential Job Creation
Not stated.
Capital Expenditure
R1.6-billion.
Planned Start/End Date
Completion is expected in February 2022.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Equites Property Fund, tel +27 21 460 0404 or email info@equites.co.za.
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