Manse Opus and Goldman Sachs Asset Management agree forward funding for Prospero Ansty Park’s newest industrial scheme
The development will be for three new units, Apollo I, II and III and will seek BREEAM Excellent and EPC ‘A’ ratings. The units will be available for both B2 and B8 users.
Set in 196 acres, with over 2.3million sq.ft of business space, the award winning Prospero Ansty Park is already home to major occupiers, including Rolls-Royce, Cadent Gas and the FTSE 100 aerospace company, Meggitt PLC. The site, which is zoned for employment is located six miles to the north east of Coventry City Centre and offers an excellent solution for both businesses and employees.
Victoria Turnbull, of Manse Opus, commented; “Manse Opus is delighted to be acting as Developer on this exciting new scheme working in conjunction with Goldman Sachs Asset Management, and we are excited to bring forward yet another Grade A scheme to Prospero Ansty Park. Apollo 69/6 represents the next phase of development at Prospero Ansty Park and it will capitalise on the positive market sentiment currently in the industrial sector.”
Farbod Nia, Managing Director at Goldman Sachs Asset Management, commented “We are excited to be partnering with Manse and to acquire a prime scheme in a core logistics market. This investment is an exciting continuation of the growth of our development-focused joint venture with Canmoor, working with leading development partners like Manse to deliver high quality space for our tenants.”
Industrial agent DTRE acted on behalf on Manse Opus.
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.
