Barwood acquires industrial site to meet logistics demand in Bracknell

UK based real estate investment and development specialist, Barwood Capital, has acquired a prime two-acre freehold industrial and logistics site in Bracknell.

Barwood will be committing £11m to the project from its Growth Fund V, its discretionary property growth fund. The intention is to deliver a best-in-class 37,120 sq ft unit, targeting the demand for mid-box industrial and logistics units in this location.

The site is strategically located in a well-established industrial area within the Thames Valley region and is one of the most compelling locations in the South East for industrial and logistics space, benefitting from excellent motorway connectivity and abundant workforce. The site is located off Longshot Lane, just two miles away from Bracknell town centre, six miles from Junction 3 of the M3, and 5 miles to Junction 10 of the M4.

In 2021, Barwood acquired the redundant John Nike Leisuresport Ice Rink in Bracknell in a Joint Venture with Bridges Fund Management.

A recent Savills report found an 11.3% rise in nationwide requirements for industrial space in the fourth quarter of 2024, with a notable uptick in London and the South East regions.

Jonny Ellerington, Investment Director at Barwood Capital, said:

“The acquisition of this site is an excellent addition to Growth Fund V, aligning well with our strategy and complementing the existing assets within the portfolio. It also comes at a critical time for the region, serving an area that is experiencing a clear market imbalance through the delivery of a well-located, sustainable industrial development.”

The vendor for the site was Kennedy Wilson. Barwood Capital was advised by Cushman and Wakefield and Forsters. Kennedy Wilson was advised by DTRE and Field Fisher.