Royal London AM and Graftongate plan £140m Fareham logistics scheme

Royal London Asset Management Property, in partnership with development manager Graftongate, has submitted planning proposals for a £140 million industrial and logistics scheme in Fareham, Hampshire.

The proposed Fareham Distribution Park will comprise four units ranging from 94,148 sq ft to 199,496 sq ft on a 24-acre site, with flexibility to accommodate a single occupier in a unit of up to 550,000 sq ft. The scheme is being designed to achieve BREEAM Outstanding.

The development is scheduled to become available in Q1 2028, following the relocation of Eaton Corporation to a new 176,000 sq ft aerospace facility at Daedalus, also being delivered by Royal London Asset Management Property and Graftongate.

Formerly known as Abbey Works, the site was acquired in 2024 as part of Royal London Asset Management Property’s strategy to deliver high-quality, sustainable industrial space in established core markets.

Matthew Barnes, investment manager at Royal London Asset Management Property, said the site is rare in the South Coast market due to its scale and connectivity, adding that the scheme will deliver best-in-class facilities aligned with the company’s development strategy.

Alex Thomason, director at Graftongate, said the submission marks an important step in bringing forward much-needed high-quality logistics space in the region, noting strong connectivity and market demand.

Fareham Distribution Park is located approximately 1.1 miles from Junction 9 of the M27, with access to the M3, Southampton Port and wider national and international distribution networks. The location sits within an established commercial hub that includes logistics, manufacturing and high-tech occupiers.

Subject to planning approval, the scheme will add significant new Grade A industrial capacity to the constrained South Coast market, where demand for modern, sustainable space continues to outstrip supply.