Latest news with #Canmoor
Glasgow Times
18-07-2025
- Business
- Glasgow Times
Landmark industrial leases secured at Glasgow Airport
Development and asset manager Canmoor Asset Management finalised the major lettings upon the completion of two new buildings at Westway, Glasgow Airport. The UK Government has signed a long lease on Westway 200, a 202,862 sq ft unit, completed in early July 2025. Read more: 'This has been my dream': BBC MasterChef star opens new Indian restaurant This deal is believed to be Scotland's largest speculative industrial and logistics letting in three decades. Meanwhile, an 88,017 sq ft unit has been leased to Pulpex Ltd, a sustainable packaging technology company, under a 20-year lease. As announced earlier this year, the building will become Pulpex's first commercial-scale fibre bottle manufacturing facility. Both structures incorporate sustainable design, achieving BREEAM 'Excellent' and EPC 'A' ratings. The facilities are capable of operating on all-electric systems and include electric vehicle charging stations, photovoltaic panels, and air-source heat pumps. Important amenities include dedicated car parking, HGV parking, and extensive yard space, all within Westway's 24/7 fully secure environment. The deals are a significant achievement for Westway and Canmoor's speculative development programme, which strives to attract forward-thinking occupiers. With strong demand for the developments, Canmoor is continuing its commitment to speculative development at the estate. Read more: 'Another step forward': Glasgow housing association launches new digital service Westway, one of Scotland's premier industrial estates, offers quick access to Junction 28 of the M8 via the recently opened Barnwell Street Bridge, with easy connectivity to Glasgow Airport and the Advanced Manufacturing Innovation District Scotland (AMIDS). Further developments are anticipated at the site. Following the planned demolition of Block F, a new phase of build-to-let opportunities will be introduced. This will feature purpose-built industrial units ranging from 20,000 to 300,000 sq ft. Joint letting agents at Westway are JLL and Colliers, and Muir Construction was the main contractor for the development.
Scotsman
16-07-2025
- Business
- Scotsman
Scotland's largest speculative industrial letting in three decades sealed at Glasgow Airport estate
'The deals mark a major milestone for Westway and for Canmoor's speculative development programme' Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A deal has been signed for what is believed to be Scotland's largest speculative industrial and logistics letting in three decades. The agreement is one of two announced by development and asset manager Canmoor Asset Management for two new, speculatively developed buildings, totalling almost 300,000 square feet at Westway, next to Glasgow Airport. Advertisement Hide Ad Advertisement Hide Ad The UK government has signed a long lease on Westway 200, a 202,862 sq ft unit, which was completed in early July. The deal is understood to be the largest speculative industrial and logistics letting north of the Border in around three decades. The Westway 200 and Westway 90 developments next to Glasgow Airport. Meanwhile, Westway 90, extending to 88,017 sq ft, has been let at practical completion in April this year to sustainable packaging technology company Pulpex, under a 20-year lease. The building will be used by the company as the location for its first commercial-scale fibre bottle manufacturing facility, which was announced in February. The deals are said to mark a major milestone for Westway and for Canmoor's speculative development programme. Bosses said strong demand for the developments and the continued strength of the market in the west of Scotland underscored Canmoor's commitment to speculative development at the estate. Westway is ranked as one of Scotland's premier industrial estates, providing direct access to junction 28 of the M8 motorway, via the recently opened Barnwell Street Bridge, as well as easy connectivity to Glasgow Airport and the Advanced Manufacturing Innovation District Scotland (AMIDS).
