Sunday, July 5, 2020

Second occupier snaps up 27 acres at Leicestershire employment park

IM Properties has confirmed that a group of DSV companies have exchanged contracts to acquire 27 acres, to officially become the second occupier on its new employment park adjacent to Junction 11, M42. 

DSV was put forward as a potential high-profile occupier alongside Jaguar Land Rover in the original report to the planning committee in August of this year, when the green light was given for the 238-acre employment park in north west Leicestershire. 

Headquartered in Denmark, DSV is the fourth largest Freight Forwarder in the world, following its acquisition of Panalpina. It operates in more than 90 countries, employing over 60,000 people internationally. 

Kevin Ashfield development director at IM Properties said he was delighted to have now exchanged contracts with DSV so they could begin to deliver a new 450,000 sq ft, sustainable, flagship campus for the organisation to relocate to and consolidate its operations in the Midlands.

“DSV is another major international occupier for the employment park and north west Leicestershire. Their interest in the site came after a lengthy search process and will enable them to grow their business in the region and become a significant site within its global network.

“The fact that virtually the whole park is now committed ahead of any formal marketing illustrates the strength and quality of the location and the demand for large scale sites in the region.’’

DSV is aiming to build on the success of its existing plant at Kingsbury, near Tamworth, creating a hub for its UK Road, Air & Sea and Contract Logistics operations.

The new facility will support around 400 jobs and be next to Jaguar Land Rover’s new 2.94 million sq ft Global Parts Logistics campus, creating an overall job total for the two occupiers of up to 3400 when fully operational. 

Kevin added: “DSV has an outstanding track record in the transport and logistics sector and we’re looking forward to working with a company committed to corporate social responsibility and providing excellent new employment opportunities for those seeking to work in a dynamic and increasingly technically advanced industry.” 

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Broadmarsh retail partnership enters compulsory liquidation

The partnership redeveloping Nottingham's Broadmarsh shopping centre has been wound up. Petitions have also been presented against related companies and these have also entered compulsory...

Staton Young swoop for ‘The Post House’ in Derby

Staton Young Group has purchased ‘The Post House’ on Victoria Street, Derby for an undisclosed sum through FHP. In a record-breaking deal, Staton Young secured a...

East Midlands businesses’ cash generation worryingly low heading into COVID-19 crisis

East Midlands businesses’ cash generation has stayed worryingly low heading into the cash crunch triggered by the COVID-19 pandemic, shows a new study by...

University of Lincoln research predicts digital future for law firm

Students participating in the University of Lincoln’s Graduate Skills Builder programme have recently submitted a report following a market research project to a regional...

Record year continues at GIC

A Lincolnshire packaging machinery manufacturer’s strong start to 2020 has continued this month, with the company sending a record number of machines out of...

Related news

£500k funding boost for Kegworth village centre

Kegworth village centre is set for a major revamp after £500,000 of funding was secured this week by North West Leicestershire District Council (NWLDC). The...

Broadmarsh retail partnership enters compulsory liquidation

The partnership redeveloping Nottingham's Broadmarsh shopping centre has been wound up. Petitions have also been presented against related companies and these have also entered compulsory...

Staton Young swoop for ‘The Post House’ in Derby

Staton Young Group has purchased ‘The Post House’ on Victoria Street, Derby for an undisclosed sum through FHP. In a record-breaking deal, Staton Young secured a...

East Midlands businesses’ cash generation worryingly low heading into COVID-19 crisis

East Midlands businesses’ cash generation has stayed worryingly low heading into the cash crunch triggered by the COVID-19 pandemic, shows a new study by...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close