We are delighted to confirm that we have formed a joint venture with Gazeley GLP to deliver Rail Central, a proposed strategic rail freight interchange (SRFI), near Northampton.
The development, located at the West Coast main line and Northampton loop line intersection, will include 7.4 million sq. ft. of distribution and logistics space. Rail Central is currently in the pre-application phase and it is expected an application will be submitted after the consultation period, in mid-2018.
In Gazeley, we are joining with one of the most experienced logistics development companies in Europe, backed by one of the biggest logistics providers in the world, and that is hugely exciting.
Alex Verbeek, Managing Director UK at Gazeley, said: “The potential for Rail Central is evident and we are joining with Ashfield Land to put forward our proposal to develop and operate what will be a truly outstanding scheme. We have a wealth of experience delivering projects of this scale, both within Gazeley and as part of global provider GLP, and we look forward to bringing this to bear on this opportunity. This is quite simply one of the most investable and important SRFI sites in the UK today and we are delighted to be part of it.”