— About Bericote
Bericote were formed in 2006 and are experts in strategic sites; working with the best in the industry to transform brownfield and infill sites to accommodate state-of-the-art logistic facilities. The way we work with occupiers, landowners, funders and government agencies has led to us securing significant projects for the highest profile occupiers and investors in the UK market.
— A brief history
Since its inception the company has had strong relationships with occupiers, many in the food retailing sector and this client base has grown to become more diverse.
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— delivery
Dot.com
Bericote now specialise in developing dotcom, last mile, on-shoring and speculative facilities, supporting growth in the UK logistics market. In addition the group has developed some of its own assets to be held as investments or traded.
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— investment
Investment
The company’s holding company is Bericote Group Holdings Limited, which through its subsidiary companies is undertaking a number of developments throughout the UK. 2021 turnover was £126 million. The Group has no external borrowings and has significant cash reserves. It is the group’s policy to use its own balance sheet wherever possible to fund the early stages of development.
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— future
The Future of Bericote
The Group currently has a considerable land bank and order book and will continue to expand its operations in the UK through organic growth and partnerships with specialised funds in the commercial property sector. The leverage from these partnerships will see the group continue to expand.
— Our Values
We develop industrial and logistics assets built to last; commercially, operationally and in the communities they serve. ESG is embedded in how we select sites, shape designs, appoint partners and deliver our projects.
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— Environmental
We design for low operational energy demand and long-term resilience. Across our schemes we avoid fossil-fuel connections and prioritise efficient, all-electric solutions that support occupiers’ decarbonisation pathways. We set a consistent ambition to achieve best-in-class sustainability credentials, including targeting BREEAM Outstanding on all our schemes, alongside high-performing building fabric, smart controls and future-proofed infrastructure (such as PV readiness and EV charging capability).
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— social
We believe development should leave a positive local legacy. Where we bring forward schemes, we commit to supporting local causes over a five-year period, focusing on initiatives with tangible impact and credible local governance. We also back local enterprise and skills, working with community partners and business networks to help connect investment, jobs and supply-chain opportunity. During construction we take a considerate approach to neighbours and local stakeholders, with clear lines of communication and a focus on reducing disruption.
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— governance
Bericote is UK-domiciled and UK-managed, with governance standards designed for long-term partnerships and repeat delivery. We take health and safety, quality assurance and contractor oversight seriously, and we expect high standards across our supply chain. Above all, we aim to be straightforward to deal with: clear on commitments, consistent in delivery, and focused on protecting and enhancing value over the long term.
