Panattoni commences construction of logistics park in Reading

Panattoni has begun construction on Panattoni Park Reading, a new speculative logistics development offering up to 9,890 m2 of high-quality warehouse space.

Panattoni Park Reading

Located at Junction 12 of the M4, the park is expected to be completed in early 2027.

The development consists of two units, R50 (4,676 m2) and R56 (5,214 m2), which can be combined. Its strategic location provides access to over 65% of the UK population within a 4.5-hour drive and a workforce of over 1.22 million people within a 30-minute commute.

Panattoni Park Reading will feature top-tier specifications, including a 1 MVA grid connection, 10-meter clear internal height, and 50-meter yard depths. It is designed for BREEAM 'Outstanding' and EPC 'A' ratings, incorporating solar panels, rainwater harvesting, EV charging, and cycle parking.

This project aims to address the high demand and low vacancy rates in the Thames Valley logistics market. It will also create approximately 150 local jobs, a new public footpath, and extensive landscaping.

Will Fennell, development manager, South East and London at Panattoni, said: "The Thames Valley is one of the most under-supplied logistics markets in the UK, and occupiers looking for high-quality, well-connected space in this corridor have had very limited options. We are starting on-site speculatively because we have a strong conviction in this location and in the depth of demand along the M4. The scheme is built to the specification that modern occupiers require in terms of power, sustainability credentials, yard depth and transport connectivity, and it will be ready to welcome occupiers for early next year."