New senior hire joins from Berenberg and will oversee stakeholder reporting activities, primarily to Blackstone

Indurent, a leading developer, owner and operator of industrial and logistics space across the UK, has appointed Miranda  Cockburn to the newly created role of Head of Strategy and Reporting.

Starting on 3rd March, Miranda joins Indurent from Berenberg and will report to Tom Olsen, Chief Financial Officer and will also join Indurent’s Executive Committee, which is led by CEO Julian Carey. She will have responsibility for stakeholder reporting activities at Indurent, which is owned by funds managed by Blackstone, while also overseeing external engagement with the wider market and other key stakeholders.

With a career spanning 30 years in the real estate sector, Miranda brings extensive experience to her role. Most of her career was spent as an equity analyst at top investment banks, including JP Morgan Cazenove, Credit Suisse, Panmure Gordon and Stifel. She has been repeatedly recognised for her expertise, earning the No. 1 spot in the Institutional Investor/Extel UK awards multiple times, as well as Starmine’s No. 1 Earnings Estimator and Stockpicker awards.

A graduate of the University of Reading with a BSc in Land Management, Miranda began her career at Savills, qualifying as a chartered surveyor.

Indurent, a leading developer, owner and operator of industrial and logistics space across the UK, has started the speculative development of the final phase at Indurent Park Derby, the 50-acre estate that is one of the Midlands’ leading hubs for high-tech manufacturing, R&D and logistics. 

The new unit, which will incorporate 43k sq ft Grade A office space, will be delivered to the Indurent Code for sustainable development and target BREEAM ‘Excellent’ for sustainability and EPC ‘A’ for energy efficiency. 

Originally conceived as a seven-year, six-phase scheme, Indurent Park Derby will be completed in just four years in response to high demand in the region for modern industrial workspace with strong ESG credentials. The Park is currently home to Rolls Royce, which occupies a 148,000 sq ft facility completed in 2024, as well as heat pump manufacturer Vaillant, Swedish medical technology company Getinge, and a national training centre for Kia. 

Located adjacent to the A52 with direct access to the A38, A50 and nearby M1 motorway, and just 13 miles from East Midlands airport, Indurent Park Derby provides strong transport links and access to a large skilled workforce.   

Winvic Construction Ltd is the principal contractor for the final phase, having successfully delivered the previous three phases at the Park and other high-quality units at the nearby Indurent Park Tamworth. 

Indurent, a leading developer and operator of industrial and logistics space across the UK, has leased a c.184,000 sq ft Grade A unit in Wellingborough, Northamptonshire, to global engineering firm CTDI. The  10-year lease at unit W184 means Indurent Park Wellingborough is now fully occupied.

CTDI delivers technical engineering, network infrastructure and supply chain solutions to some of the world’s largest tech and telecoms businesses, and employs over 20,000 people globally.

The unit provides 184,000 sq ft of high-quality, flexible warehousing alongside operationally net zero office space. It includes over 180 HGV and car parking spaces, 32 of which are equipped with EV ports. The unit has achieved BREEAM ‘Excellent’ accreditation and is EPC A+ rated. Its rooftop PV panels have the capacity to deliver significant energy cost savings estimated by Indurent to be up to £163,000 per year1, with smart LED lighting also delivering a 75% reduction in energy consumption versus standard lighting. 

The park is located just two miles from Wellingborough town centre in the East Midlands, providing excellent road connectivity via the M1 to the north and south east of England, with a potential labour force of 1.2 million people within a 60-minute drive. The Park comprises a total of over 320,000 sq ft of modern warehouse space, which is fully-let to companies including Premier Paper and Transglobal. 

Indurent Park Wellingborough is part of the £1 billion Stanton Cross development, which will deliver 3,650 new homes alongside community facilities and a range of employment spaces.

Indurent, a leading developer and operator of industrial and logistics space across the UK, has secured a c.62,000 sq ft letting to global distribution firm ADI Global Distribution at Cobalt Two, Chadderton, Oldham. 

The newly let unit meets the highest sustainability and energy efficiency standards, boasting a BREEAM ‘Very Good’ accreditation and an EPC A rating. The facility includes eight electric vehicle charging points, access to 200KVA of power, and 3,000 sq ft of premium office space across two floors.

Oldham Broadway Business Park is a prime location for industrial and logistics businesses in the North West. The park, which is home to DVL, Bifold Group and Ebay, is within 30 minutes’ drive of Manchester via the M60, with Liverpool and Leeds reachable within one hour.

Recent data from global property advisor Knight Frank shows that the North West saw 3.3 million sq ft of lettings in the first three quarters of 2024, up 43% versus the same period in 2023, underlining the demand for space in locations that offer excellent road connectivity and access to a skilled local labour force. 

Indurent, a leading developer and operator of industrial and logistics space across the UK, has completed the final phase of a speculative development at Indurent Park Broomhall, Worcester, delivering a total of 72,000 sq ft across two warehouse units. 

The mid-box units, which comprise 32,000 sq ft and 40,000 sq ft respectively, have been developed according to the ‘Indurent Code’ of sustainable construction, targeting a BREEAM ‘Excellent’ accreditation for sustainability and EPC ‘A’ rating for energy efficiency. Both units offer a minimum clear internal height of 8m and incorporate Grade A office space to meet the needs of businesses across a range of sectors including ecommerce, light manufacturing, transport and logistics, and will support a range of employment types. 

Indurent has also agreed a new 41,000 sq ft lease at the Park with existing customer Nemesis, a distributor for leading lifestyle and automotive brands. Indurent has played a key role in the growth of the family-run business, which has significantly expanded its operations and will now occupy more than 55,000 sq ft at Indurent Park Broomhall. 

Indurent has delivered c.225,000 sq ft of high-specification, sustainable warehouse space at Indurent Park Broomhall since 2021. Situated on the southern outskirts of Worcester, the Park is less than a mile from Junction 7 of the M5, which provides access to the wider Midlands, the South West and South Wales. There is a 55,000-strong workforce within five miles of the site. 

 Indurent, a leading developer and operator of industrial and logistics space across the UK, has secured c.266,000 sq ft of new lettings at Indurent Park Newport, taking the developed space at the park to 100% let and adding three new technology and aviation businesses to its diversified tenant base.

Oprema, a leading provider of surveillance and security technology and part of EET Group, has signed for 100,000 sq ft of space, relocating from its current Cardiff base to capitalise on the park’s premier customer catchment in south Wales and south west England. AerFin, the aviation asset specialist which buys, sells, leases and repairs aircraft, engines and parts, has also signed for a 116,000 sq ft unit, relocating from Caerphilly, while another leading global tech company has also agreed a lease for a 43,500 sq ft modern industrial unit at the park. 

Indurent speculatively developed the park to capitalise on high demand and constrained supply of modern warehousing in the region, delivering the latest phase of development in Oct 2023. Alongside flexible, high-quality warehouse space, the latest development phase provided more than 8,500 sq ft of office accommodation to facilitate administrative and other office-based functions. 

In total, Indurent has delivered c.775,000 sq ft of sustainable warehousing at the park across 10 units, each delivered to the ‘Indurent Code’ of sustainable development which includes a minimum BREEAM ‘Very Good’ rating and EPC A accreditation. Several blue-chip businesses including Amazon, Genpower, CAF and Mitel are located at the scheme.

The park is located just two miles from Junction 23A of the M4 motorway, providing strong connectivity to local workers and customers in South Wales and south west England, as well as offering easy access to the M5 motorway which connects the park to the Midlands and north of England.

Indurent plans to deliver a further 700,000 sq ft of additional industrial and logistics space at Indurent Park Newport in the coming years. This includes a speculatively developed phase of 235,000 sq ft of new warehousing, on which construction is due to start in the next year, subject to planning, and a build to suit opportunity for c.620,000 sq ft of Grade A warehouse space. 

Indurent, a leading developer and operator of industrial and logistics space across the UK, has completed and handed over a 148,000 sq ft state-of-the-art warehouse facility for Rolls-Royce. 

The bespoke storage facility, which is located at Indurent Park Derby, will support the company’s significant manufacturing operation in Derby and increase space in its operational areas. 

The unit has been built to the highest sustainability standards, achieving a BREEAM ‘Excellent’ accreditation and an EPC A+ rating for energy efficiency. The Indurent team worked closely with Rolls-Royce throughout the design and build process, with the specification being adapted to meet Rolls-Royce exact needs, including enhanced floor loading three times greater than a standard floor, the installation of a single 12m high door and 100-ton capacity crane for the movement of valuable heavy parts.

The facility is equipped with 1MV of power with solar panels installed across the roof space for on-site power generation to reduce energy costs.  Indurent has also overseen the delivery and installation of bespoke climate control and lighting systems to the warehouse.

Indurent Park Derby is a 50-acre industrial park and one the Midlands’ leading hubs for high-tech R&D and manufacturing and logistics. In addition to Rolls-Royce, it is home to heat pump manufacturer Vaillant and Swedish medical technology company Getinge, which has established a Global Centre of Excellence for Chemistry at the park alongside its UK headquarters. Kia has also established their national base for training and development associated with their market leading range of electric vehicles.

Located adjacent to the A52 with direct access to the A38, A50 and nearby M1 motorway, and just 13 miles from East Midlands airport, Indurent Park Derby provides strong transport links and access to a large skilled workforce.   

Indurent, a leading developer and operator of warehouse space across the UK, has acquired an 18-asset portfolio for approximately £200 million.

This transaction is the latest in Indurent’s £1 billion of acquisitions undertaken this year, comprising c. £600 million invested into purchasing high quality operational assets and c. £400 million invested or committed to funding new developments.

The portfolio comprises a mix of multi-let estates and mid-box warehouses located across the UK, as well as two land plots offering further development potential. A large proportion of the portfolio is located within or near to large urban areas, including Leeds, Manchester, Reading and Birmingham.

Indurent will undertake an extensive refurbishment programme across the portfolio, including improvements in energy efficiency and ESG credentials, with a view to ensuring the units are suitable for modern warehouse occupiers.