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Case Study

AIPUT - Blackthorne Point, Heathrow

​Airport Industrial Property Unit Trust (AIPUT), the specialist airport industrial fund (£575m as at December 2016) managed by Aberdeen Asset Management has in partnership with their development manager, Goya Developments, a leading specialist warehouse and industrial developer, completed the successful letting of Unit 2, Blackthorne Point at Heathrow to Flostream Ltd.

Commenting on the deal, Adam Creighton from JLL's Industrial & Logistics team, said: "The right product, in the right location at Heathrow is being quickly snapped up by occupiers. Unit 2 Blackthorne Point, Poyle was exactly that and the completion of the letting upon delivery of the development demonstrates this point and also the strength of the market."

The high quality, self-contained and detached HQ warehouse extends to 44,033 sq ft (4,091 sq m), and is situated in a prominent position at the entrance to Blackthorne Point. The warehouse benefits from a generous, secure yard to the rear and staff parking to the front and was comprehensively refurbished and let immediately upon completion of the project.

Blackthorne Point is a prime multi-let logistics park located in the centre of Poyle, an established industrial location to the west of Heathrow Airport and the proposed third runway. The park offers quick access to M25 (J14), M4 (J4B) to the north, and is 2 miles from Heathrow and the Cargo Terminal.

Flostream is an innovative mailing house and fulfilment service company who offer a comprehensive range of solutions to companies across the UK and worldwide; the facility will become their UK headquarters premises.

AIPUT, advised by Goya, was represented by JLL , DTRE and Eversheds.

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