Hines forward funds East Midlands logistics scheme

210920 Hines Clowes JV

Hines and its investment partner have agreed to forward fund a 772,000 sq ft speculative logistics development at four business parks across the East Midlands.

The joint venture has acquired the freehold from the current owner Clowes Developments, which will develop the facilities. Construction work will begin with immediate effect with units ready for occupation by the end of 2022.

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