Sustainable Big Box Park Development: Greater Manchester, UK
Brownfield development of 1.3 million sq ft logistics park space in 3 phases, with high sustainability credentials. Gorsey Point, Widnes – 704k sq ft delivered in two phases between February 2002 and November 2022. “X-dock 545” – expected to complete in March 2025 with BREEAM Excellent rating. First 2 phases leased to NHS Supply Chain and Kammac Logistics, enabling an early exit to Clarion Capital Partners.
Urban Logistics Development: Sheffield, UK
Developed, leased and sold Catalyst Business Park, Sheffield – a 300k sq ft prime urban logistics park. Prime quality, last-mile urban logistics park in Sheffield, UK, 4 miles from Sheffield city centre, with direct access to the M1 motorway. Having achieved an EPC “A” rating and BREEAM “Very Good” score, the development includes public art and outdoor space, underscoring our commitment to sustainable and socially responsible real estate development. Achieved 91% occupancy within 10 months, leased to strong national covenants. The park was sold to Harworth Estates PLC in October 2024, demonstrating its institutional appeal.
Brown to Green Refurbishment: London, UK
Carbon-efficient refurbishment of a 250k sq ft logistics facility to the East of London. The project saved 79% of total embodied carbon vs redevelopment, demonstrating our dedication to environmental responsibility by opting for refurbishment. The project achieved BREEAM “Excellent” certification and an EPC “A” rating, featuring LED lighting, a 200kWp rooftop solar array, and multiple EV charging points, highlighting our commitment to sustainability. Additional vehicle access points were created and the yard was extended to enable a wider range of use cases, including parking and external storage.
Collaboration with Occupiers to Reduce Carbon Emissions: Eindhoven, Netherlands
Agreed a plan with the occupier, a large-scale commercial laundry company, to help them reduce their carbon emissions. A 64.4 kWp solar array was installed in 2024, generating 54,200 kWh per year, all of which will be used on-site by the tenant. This will result in over 20.6 tonnes of annual carbon dioxide savings. In addition, LED lighting is being installed in the warehouse, further reducing the energy use intensity of the asset and delivering further carbon savings. These works mark the first steps in collaborating with the tenant to deliver and explore various ESG projects and progress towards an energy-efficient, decarbonised future.
Spanish Development & Leasing: Barcelona, Spain
Sourced, developed and leased a 120k sq ft prime logistics facility near Barcelona. Secured an off-market development opportunity and negotiated an innovative funding structure with the general contractor, minimising delivery risk to the investor. Achieved an EPC “A” rating and a BREEAM “Excellent” score, with solar PV and vehicle charging included in the base specification. The asset was prelet before completion, to a leading Spanish 3PL.
Created Virtual Grid to Alleviate Electricity Supply Constraints: Amsterdam, Netherlands
A prime urban logistics building of 350 k sqft was successfully developed at Schiphol Airport in Amsterdam, NL, despite limited power supplies in the wider park. A novel approach was agreed, involving collaboration with neighbouring occupiers and developers to enter into a frameworks agreement to integrate onsite generation from combined heat and power and solar PV, with offsite grid sharing. The CHP met all heating needs, while excess power was proposed to be shared via an off-grid smart network, reducing capacity demands for all occupiers. With a BREEAM “Excellent” score and EPC “A” rating, the development boasted green living walls and excellent social credentials. The project was prelet before completion and was sold to Prologis Inc, showcasing our ability to create an institutional investment product.
Inaugural Acquisition in the Nordics: Stockholm
Off-market acquisition of a 140k sq ft last mile logistics property located in southern Stockholm. The asset was selected due to its exceptional environmental performance. Completed in June 2023, the acquisition across two units marked Mirastar’s entry into the Nordic markets. The asset achieved Miljöbyggnad “Silver” certification and features staff wellness facilities, geothermal heating, and a 499kWp rooftop solar array, reflecting our commitment to social and environmental responsibility. Built to an institutional standard, it is one of the best-specified buildings in the south Stockholm market, with a prime location set to benefit from future infrastructure projects like the Stockholm Bypass. This acquisition underscores our dedication to reducing carbon footprints through sustainable, innovative solutions.