Goodman Planning Win Boosts Uxbridge Expansion
21 April 2009
Global property group Goodman has secured reserved matters planning approval for a new office building at its highly successful Uxbridge Business Park.
Situated in a prime location at the front of the Park, Goodman's development will be designed by international architects Aukett Fitzroy Robinson and provide flexible grade A office accommodation that is capable of servicing requirements up to 30,000 sq ft.
Set in 149 acres of open parkland within a low density development zone, Uxbridge Business Park offers a secure and relaxed working environment within a few minutes walk of the town centre and its impressive retail amenities. Occupiers also have access to a free private shuttle bus service.
Goodman has instructed joint letting agents Strutt and Parker and Savills to secure a pre-let for this increasingly sought after location that has already attracted companies such as Cadbury's, Bristol-Myers Squibb and Amgen, taking the number of employees already at the Park to over 2,500.
James Raven, Goodman's Development Director of UK Business Parks said: "Uxbridge is a vibrant and growing town and this next stage of development at the Park will further enhance its reputation as an attractive office location on the outskirts of London. With its close proximity to town centre facilities and London's Underground and motorway networks, we are confident that this development will attract new business to the area and provide existing businesses with room for expansion."
Uxbridge Business Park sits within the Arlington Business Parks Partnership Fund (ABPP), which is managed by Goodman. It has an excellent track record of investing in, developing and managing business parks across the UK with a portfolio valued at over £1.5 billion.
It has delivered superior business space solutions for blue-chip customers including Cadbury Schweppes, GMAC, T-Mobile, Oxfam and NATS. In October 2008, Goodman scooped two awards at Property Week's 2008 Office Development Awards, winning the "Best overall development outside central London" and "Best bespoke development outside central London" categories.
About Arlington Business Parks Partnership
The ABPP is a UK business park fund created in 2003 by Arlington Securities Limited and investment partner Legal and General (L&G). Goodman and L&G manage the fund. ABPP owns and manages a unique portfolio of high quality business parks throughout the UK.
About Goodman Group (ASX: GMG)
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe and the United Kingdom. Goodman Group, comprised of the stapled entities Goodman Limited and Goodman Industrial Trust, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed industrial property groups globally.
Goodman's global property expertise, integrated own+develop+manage customer service offering and significant fund management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, whilst seeking to deliver attractive long-term returns for investors. In Europe, Goodman has offices in the UK, Germany, the Netherlands, Belgium, Luxembourg, France, Spain, Italy, Poland, Czech Republic, Hungary, Slovakia, Romania and Turkey.
Please visit: www.goodman.com
For further information on Goodman please contact:
Joanna Reid 020 7269 9348 jo.reid@fd.com
Tilly Shirlaw 020 7269 9352 tilly.shirlaw@fd.com
Richard Stocks 020 7269 9355 richard.stocks@fd.com