Indurent, a leading developer and operator of industrial and logistics space of all sizes across the UK, has appointed Simon Ross as Head of Portfolio Management. The promotion will also see Simon join Indurent’s Executive leadership team.

In his new role, Simon will oversee all asset and property management activity across Indurent’s 27 million sq ft, 2,700-unit portfolio. This includes industrial and logistics space located across all UK regions and major urban locations and comprises units ranging from 500 sq ft multi-let industrial properties through to logistics assets of over 500,000 sq ft. He will lead a c. 40-person team responsible for leasing, refurbishment and facilities management of Indurent’s portfolio.

As part of the executive team, Simon will also help guide and execute Indurent’s overall business strategy alongside CEO Julian Carey, CFO Tom Olsen, Head of Transactions James Cooper, Head of Development Lee Nash and General Counsel Sarah Bellilchi.

Simon has worked as Deputy Head of Portfolio Management at Indurent since its launch in July, following the completion of the integration of St. Modwen Logistics and Industrials REIT. Prior to this, Simon was Head of Asset Management at Industrials REIT, which he joined in 2017 as part of the acquisition of C2 Capital.

Indurent, a logistics developer created through the merger of Industrials REIT and St Modwen Logistics, has got the go ahead for a new 432,000 sq ft industrial and logistics development in Staffordshire.

Indurent Park Lichfield will comprise eight mid-box units ranging from 36,000 sq ft to 83,000 sq ft. Construction of the speculatively developed facility is expected to start in 2025, with the first phase of completion due in 2026.

Each unit will be delivered to BREEAM Excellent standard as a minimum and EPC A, with solar panels on all roofs. The energy generated from solar is expected to offset on-site energy demand by around 75%, with all office space in the development powered by renewable energy.

The scheme is also forecast to deliver a 13% biodiversity net gain through the planting of new woodland and grassland on site.

Jessica Evans, senior planning manager at Indurent, said: “The approval of Indurent Park Lichfield will help to address the region’s acute undersupply of modern mid-box warehousing and deliver significant social and economic value for the region. Having engaged extensively with the local community throughout the planning process, the approval builds on Indurent’s successful track record of development in Staffordshire, where we provide over 3m sq ft of high-quality space and support the success of customers of all sizes seeking to benefit from the Midlands’ national connectivity and large, skilled workforce.”

Indurent Park Lichfield is adjacent to the Swinfen Interchange roundabout, which provides access to the nearby M6 motorway and enables occupiers to serve a broad catchment across Staffordshire and the wider Midlands.

Indurent REIT, one of the UK’s leading logistics developers and managers, has let a 43,000 sq ft unit to ingredients production company Plant-Ex at Indurent Park Access 18 Avonmouth.

Plant-Ex will use the property to create a Centre of Excellence in product development and technical support, as well as increasing capacity in flavour compounding and savoury flavours. This allows for greater proactive customer interaction as Plant-Ex moves towards an increasingly consultative role with its existing and future customer base.

Indurent has been working with Plant-Ex since its formation in 2010, and supported its growth as a leading international, family-owned company specialising in the manufacture of natural colours, flavours and extracts used in food production. Co-founder Giles Drewett formed Plant-Ex in a 2,500 sq ft unit at Indurent Park Avonmouth, and has subsequently expanded at the park, employing more than 100 people across its business and generating annual revenues of approximately £25m.

Indurent, a leading developer and operator of industrial and logistics space, launched today by bringing together specialist multi-let industrial property company, Industrials REIT, and logistics developer and manager, St. Modwen Logistics.

The newly integrated business, which is owned by investment funds managed by Blackstone, and led by chief executive Julian Carey and an experienced leadership team drawn from both businesses, has a portfolio comprising more than 27 million sq ft of industrial and logistics space. This ranges from urban light industrial units and ‘last-mile’ delivery facilities to mid and big-box developments utilised for national distribution, production, or manufacturing.

Indurent is one of the U.K.’s largest owners of logistics property and has an established footprint across all the U.K.’s major cities, as well as a diverse customer base of more than 2,000 businesses, ranging from local traders and SMEs to global blue-chip corporates.

Indurent and its occupiers will benefit from Industrials REIT’s market-leading ‘Hive’ technology platform, which supports direct marketing to customers and a frictionless occupier experience to help drive customer satisfaction and reduce vacancy periods. This will be combined with the development capability and considerable land bank of St. Modwen Logistics, which delivered c.4 million sq ft of space in the past two years.

The new Indurent management team also includes Tom Olsen (Chief Financial Officer), James Cooper (Head of Investment), Lee Nash (Head of Development) and Sarah Bellilchi (General Counsel). The business will operate from offices in both London and Stockport.