Panattoni to deliver 500,000 sq ft speculative logistics scheme in Wakefield

Panattoni has acquired a 23-acre site at Wakefield Europort in West Yorkshire where it will deliver a 500,000 sq ft speculative logistics and warehousing development.

The scheme, known as Panattoni Wakefield 500, is being brought forward in joint venture with Newport by Panattoni following the acquisition of the site from Delin Property.

Construction is scheduled to begin this quarter on the cross-docked warehouse development, which will target large-scale logistics occupiers seeking modern distribution space in the Yorkshire market.

The development will include 56 dock loading doors, eight level access doors, yard depths of up to 50 metres, 62 HGV parking spaces and 384 car parking spaces, alongside a 2.5 MVA power supply.

Panattoni said the scheme will target BREEAM Outstanding certification and net zero carbon construction standards, reflecting growing occupier demand for sustainable industrial and logistics accommodation.

The project comes amid continued supply constraints for large-format warehouse space across the UK, particularly within the circa 500,000 sq ft market segment. According to the developer, there are currently no speculative units of comparable scale under construction within the Yorkshire region.

Wakefield Europort is one of the region’s established logistics locations, with direct access to Junction 31 of the M62 and wider connectivity via the M1 and A1(M). The site also benefits from proximity to a rail freight terminal operated by Maritime, supporting intermodal distribution and lower-carbon freight operations.

The scheme forms part of Panattoni’s continued focus on speculative logistics development in supply-constrained markets, with the developer targeting high-specification industrial assets aligned with long-term occupier demand.