RO Group has announced the acquisition of a 9.7-acre agricultural site in Swindon.
The land at Home Farm on the A420 Swindon to Oxford road, is earmarked for a mixed-use scheme, part of the town’s 8,000-home New Eastern Villages development.
RO Group is to model its development of the site on Solstice Park, its successful mixed-use scheme in Amesbury.
Nick Cashmore, investment director for RO, said: “We are delighted to have invested in Swindon, and we look forward to developing this site into a thriving mixed use scheme. We have diligently searched for sites in the South of England and are pleased to have now identified the perfect location for our next major development.
“The site is excellently placed on the A420 Swindon to Oxford road, making it an ideal location for a variety of potential uses. The area is already a hive of activity. Neighbouring occupiers include major retailers such as Sainsbury’s and Dunelm as well the regional distribution hubs for Amazon and Iceland.
“We continue to seek new land opportunities similar to Home Farm with a focus on development sites with prominence and roadside visibility throughout the Midlands and South of England.”
RO Group was advised by Loveday, Savills and Osborne Clarke on the transaction.
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