GLi also aims to invest a further GBP 640 million (EUR 750 million) in assets in strategic locations in Greater London, with a focus on local submarkets characterised by limited supply, low vacancy rates and a growing demand for space in response to e-commerce, including the shift towards last hour logistics requirements. The platform will seek to redevelop dated properties from the ground up, delivering Grade A standard accommodation that reflect the highest sustainability credentials.
Facilities in the GLi portfolio are characterised by their energy efficiency, and are 100 percent electric, built on a net zero carbon basis and rated BREEAM Excellent. Their sites also address London’s Ultra Low Emissions Zone by providing 100 percent charging points for electric vehicles. Units are conceived with customer and employee wellbeing considerations, including good daylight and air conditioning plus bicycle storage. Finally, GLi properties are designed to make a positive contribution to urban regeneration and enrich local communities.
As a London based asset manager and developer, KSP has an established track record in sustainability across the capital for both industrial and commercial property and is committed to delivering the highest standards across their projects, including use of photovoltaics and carbon offsetting. In addition, KSP recently achieved planning permission for one of the first all-electric office buildings in West London.