Work will begin on site by the end of the year and be completed by the start of 2025.

Benniman will build 800,000 sq ft of modern logistics across 38.5 acres at Logicor Park Daventry in the Midlands.

Detailed planning consent has been secured for three new warehouses from 135,000 sq ft to 385,000 sq ft, as well as two on-site gyms, shower facilities and cycle path.

Charlie Howard, Logicor UK Managing Director, said: “The ability to develop modern warehouses in this key location was the main reason that we acquired it in 2021.

“The Golden Triangle continues to be the core location for distribution logistics and we know that our customers want to be located here, so we are delighted to be able to deliver modern and highly sustainable warehouses to the region.

“Logicor Park Daventry is a great illustration of how we, as one of the largest industrial portfolio owners in the UK, are able to utilise our existing land to bring forward new and exciting warehouse opportunities for our customers through development and refurbishments.