Home » Technology » Curzon De Vere secures £50m Octopus loan for Suffolk business park expansion

Curzon De Vere secures £50m Octopus loan for Suffolk business park expansion

by Alexandra Hartman Editor-in-Chief

£50 Million Investment Propels Expansion of Port One Logistics Hub

Curzon De Vere, a leading UK-based property firm, has secured a significant £50 million (€60 million) investment from Octopus Real Estate. This funding will fuel the expansion of Port One business and Logistics Park in Ipswich, Suffolk. This marks the fourth loan provided by Octopus Real estate to this aspiring project.

The 32.8-acre freehold site will be used to expand the already accomplished Port One. The park currently boasts 10 fully occupied units, solidifying its position as a key player within the logistics market.

“Curzon De Vere is a valued repeat borrower, and this marks the fourth loan we have provided for this extraordinary project,” said James Nunn, investment director at Octopus Real Estate. “The team has a proven track record of securing forward funding, arranging development finance, and attracting tenants and buyers.”

Nunn continued, “With 10 units already constructed and fully occupied, Port One has established itself as a key player in the logistics market. We look forward to the continued success of this development and the benefits it will bring to our investors and the wider community.”

Port One’s Strategic Advantages

Matt Slater, managing director at Curzon De Vere, emphasized the firm’s commitment to the logistics sector, stating, “We have a strong track record in the logistics sector and have dedicated over five years to developing Port One, now an industrial park spanning more then 1.3 million square feet.”

Slater added, “The funding provided by Octopus Real Estate will enable a significant expansion of the site, marking a major milestone in our goal to establish the premier logistics hub in East Anglia. The site benefits from an outstanding location with excellent transport links, making it an ideal base for logistics operations.”

This latest investment underscores the growing demand for modern logistics infrastructure in the UK. Port One’s strategic location, coupled with its proven track record of attracting tenants, positions it well to capitalize on this trend.

Impact on the Local Economy

The expansion is expected to create new jobs and contribute significantly to the economic growth of the region.

Key factors contributing to Port One’s attractiveness for logistics businesses include:

  • Prime Location: Situated in Ipswich, Suffolk, Port One benefits from excellent road and rail connections, providing easy access to major transportation networks and distribution hubs across the UK.
  • Modern infrastructure: The park offers modern,purpose-built units designed to meet the specific needs of logistics companies,including ample warehouse space,loading docks,and secure parking.
  • Skilled Workforce: The region has a skilled workforce, including experienced logistics personnel, readily available to fill positions within the expanding industry.
  • Supportive Business Surroundings: The local authorities are actively promoting economic development and supporting businesses in the logistics sector

The expansion of Port One represents a significant investment in the UK’s logistics infrastructure. This development will cater to the growing demand for efficient and reliable supply chain solutions, positioning Port One as a leading logistics hub in East Anglia.

Logistics Hub Expands with £50 Million Investment

Port One Business and Logistics Park in Ipswich is set to undergo a major expansion after securing a £50 million investment. This marks the fourth loan from Octopus Real Estate for the project,demonstrating continued confidence in its potential.

Building on Success

The existing Port One site is fully occupied, with all 10 units leased out. Matt Slater, Managing Director at Curzon De Vere, the company behind the project, attributes this success to the site’s prime location and high-quality facilities. “Location is key! Port One benefits from an exceptional location with excellent transport links,” Slater explains. “We’re strategically positioned close to major road networks and rail lines, making us an ideal base for logistics operations.”

Strategic Expansion

The new investment will allow for the development of additional warehouse and distribution units, focusing on attracting businesses across various sectors within the logistics industry.”Our goal is to create a thriving ecosystem of businesses that supports the region’s economic growth,” Slater says. He believes the expansion will have a significant impact on the local economy, creating new jobs and stimulating economic activity in Ipswich and the surrounding East Anglian region.

A Hub for Growth

Slater emphasizes the importance of logistics infrastructure in today’s globalized world, positioning Port One as a responsive and dynamic hub for businesses looking to expand. “Port One offers a unique combination of strategic location, modern facilities, and a business-friendly environment,” he says. “ If you’re looking to expand your operations, invest in a responsive and dynamic logistics hub, we welcome you to connect with us.”

Businesses considering Port One will find a vibrant and rapidly developing logistics center with a proven track record of success. This expansion further cements its position as a leading logistics hub in east Anglia, poised to drive economic growth and possibility in the region.

what other sectors do you think could benefit from being located within Port One’s expanding network?

Logistics Hub Expands with £50 Million Investment

Port One business and Logistics Park in Ipswich is set to undergo a major expansion after securing a £50 million investment.This marks the fourth loan from Octopus Real Estate for the project, demonstrating continued confidence in its potential.

Building on Success

The existing Port One site is fully occupied, with all 10 units leased out. Matt Slater,Managing Director at Curzon De Vere,the company behind the project,attributes this success to the site’s prime location and high-quality facilities. “Location is key! Port One benefits from an extraordinary location with excellent transport links,” Slater explains. “We’re strategically positioned close to major road networks and rail lines, making us an ideal base for logistics operations.”

Strategic Expansion

The new investment will allow for the growth of additional warehouse and distribution units, focusing on attracting businesses across various sectors within the logistics industry.”Our goal is to create a thriving ecosystem of businesses that supports the region’s economic growth,” Slater says. He believes the expansion will have a significant impact on the local economy, creating new jobs and stimulating economic activity in Ipswich and the surrounding East Anglian region.

A hub for Growth

Slater emphasizes the importance of logistics infrastructure in today’s globalized world, positioning Port One as a responsive and dynamic hub for businesses looking to expand.”Port One offers a unique combination of strategic location, modern facilities, and a business-amiable surroundings,” he says. “ If you’re looking to expand your operations, invest in a responsive and dynamic logistics hub, we welcome you to connect with us.”

With the £50 million investment, Port One is poised to become even more than just a logistics hub. What other sectors do you think could benefit from being located within Port One’s expanding network?

Businesses considering Port One will find a vibrant and rapidly developing logistics center with a proven track record of success.This expansion further cements its position as a leading logistics hub in east Anglia,poised to drive economic growth and possibility in the region.

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