Market Update
6/02/2018
Tritax Invests £81.8m in Major Corby Logistics Hub
Corby Logistics Hub Receives £81.8m Investment from Tritax
Tritax Big Box REIT has committed £81.8 million to fund the development of a major regional distribution centre at Midlands Logistics Park in Corby, pre-let to logistics operator Eddie Stobart. The scheme forms part of the growing East Midlands logistics market, with the site benefiting from strong road connectivity via the upgraded A43 and access to key national motorway networks.
The development highlights continued investor confidence in large-scale logistics infrastructure, driven by increasing demand for modern distribution facilities and strategic supply chain locations. Midlands Logistics Park is expected to become a significant logistics hub, with future potential for rail freight connectivity alongside large-scale warehouse development opportunities.
Industry experts noted that Corby’s location, improving infrastructure and access to labour are helping attract major occupiers and investment into the region. The Eddie Stobart facility marked one of the first major pre-lets at the park and reinforced the wider growth of the UK logistics and industrial sector at the time.