Panattoni’s giant 2.3 million sq ft warehouse at Symmetry Park in Swindon has been sold to Legal & General Investment Managers for £200 million.
Property Week has reported that the deal to sell the development, approved in June by Swindon Borough Council’s planning committee and pre-let to Amazon, is the UK’s largest single-warehouse deal.
The scheme is for one B8 (storage and distribution) building which will have three mezzanine floors and a total 2,327,879 sq ft of floorspace including 55, 370 sq ft of offices. There will be 791 parking spaces.
It is pre-let to Amazon on a 20-year lease at around £10m a year.
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