Opus Land and Fiera Real Estate UK’s Wolverhampton scheme reaches Practical Completion
Opus Land and Fiera Real Estate UK (“FRE UK”) are delighted to announce that their ESG-exemplar scheme in Wolverhampton has reached Practical Completion.
Construction of the scheme began in summer last year, soon after Cadent Gas Ltd instructed Opus Land and FRE UK to develop a bespoke regional HQ facility on their behalf.
The new facility boasts 25,000 sq ft of Grade A office space and a 5,300 sq ft warehouse, targeting a BREEAM Excellent and EPC A rating. The sustainable development also includes roof-mounted solar panels, rainwater harvesting and EV charging points to encourage electric vehicle use.
The high-spec office space will offer the use of 150 workstations, along with meeting room and welfare facilities, all serviced by VRF heating and cooling systems, as well as LED lighting. Cadent Gas Ltd have signed a 20-year FRI lease for the site, which will soon see the relocation of hundreds of staff from two existing functions around the West Midlands.
This is the second scheme that Opus Land has undertaken on behalf of Cadent in the past year. Alongside Edinburgh-based property developer, Manse LLP, Opus Land developed a bespoke 90,000 sq ft facility at Rugby’s business hub, Prospero Ansty Park, which welcomed almost 1,000 Cadent employees earlier this year.
Opus Land has considerable funds available for similar opportunities around the West Midlands. Get in contact if you or your business would like to discuss this further.
Opus Land and Savills Investment Management purchased a brownfield site, which was formerly a Ford Factory car park and obtained planning for a 60,000 sq. ft retail space, located just 0.5 miles from the town centre and 15 minutes’ walk from the train station.
Together with their joint venture partner, Manse LLP, and on behalf of Rolls-Royce, Opus Land are delivering more than 2 million sq. ft of space at Prospero, Ansty, starting with a 490,000 sq. ft manufacturing facility for Meggitt PLC.
Opus Land and Bridges completed an 153,800 sq. ft unit with 16 loading doors at the Kingwood Lakeside Business Park in Cannock.
A 160,950 sq. ft multi-let office, three miles from Birmingham city centre which underwent a comprehensive refurbishment programme by Opus Land and was sold for £24.25m.
