Bericote | BlackRock to forward fund
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Dec 08, 2016

BlackRock to forward fund

BlackRock has agreed to forward fund the development of a £25m industrial scheme near Southampton.

Bericote Southampto 636
The 8.5 acre Alpha Park site sits just outside Southampton – Source: Bericote Properties Bericote Properties has recently started construction of the 159,000 sq ft Alpha Park development after gaining planning permission in April. Once complete, the scheme, located on an 8.5-acre section of the existing Chandler’s Ford Industrial Estate, will comprise one unit of 84,311 sq ft, another of 53,818 sq ft and a third measuring 19,414 sq ft. The new scheme is expected to complete in the third quarter of 2017.