Puma Property Finance has provided a £15 million loan to Kier Property to facilitate the construction of a new industrial and logistics development. This project is located at the Sharston Industrial Estate in Wythenshawe, situated south of Manchester.
This funding is intended to support the expansion of logistics infrastructure in the Greater Manchester area, addressing the ongoing demand for modern warehousing and distribution facilities.
For freight forwarders and logistics operations managers, this development signifies a potential increase in available industrial space, which could lead to improved efficiency for last-mile delivery and regional distribution networks. New facilities often feature advanced specifications, potentially offering better storage solutions and faster turnaround times for cargo. The added capacity in this strategic location could help alleviate pressure on existing logistics hubs and provide more options for clients needing space in the North West of England.
While the article does not specify a timeline for completion, the provision of funding suggests that construction will proceed, eventually adding new capacity to the market.
