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The forward funding development of a new c. 658k sq ft distribution warehouse facility, pre-let to Howden Joinery Group Plc on a 30-year lease.

Upon practical completion, in June 2016, the facility was let to Howdens. Together, with two adjacent facilities (also owned by the Company), this facility provides Howdens with a 1.6m sq ft ‘centre of excellence’ for its supply chain operations, which is expected to deliver very significant operational and efficiency benefits.