Firethorn Trust buys Peterborough site

Real estate developer Firethorn Trust has completed its acquisition of a 21 acre site in Peterborough, Hampton.

The speculative logistics scheme based in Peterborough South, at Kingston Park in Hampton.

Firethorn plans to develop three modern industrial units, offering 94,225ft2, 139,915ft2, and 240,830ft2 space on the site, which sits adjacent to existing occupiers including Amazon, IKEA, and DART.

Firethorn has now submitted its planning application for the scheme, which will be delivered to be net-zero carbon with a target to have an ‘Excellent’ BREEAM rating, with a sustainable infrastructure that features more than 40,000ft2 of photovoltaic arrays as standard, 48 electric vehicle charging points, and 15% roof lighting.

Peter Mather, Partner at Firethorn Trust, said: “Peterborough South is a fantastic addition to Firethorn’s portfolio, as we look to unlock the potential of sites in strategic locations. Peterborough is one of the fastest growing cities in the UK and offers fantastic opportunities for the industry, thanks to its excellent road connectivity and strong labour supply.”

The scheme’s agents are Savills and Lambert Smith Hampton.