Panattoni, Europe’s largest developer of industrial and logistics real estate, has commenced construction of a 915,000 sq ft speculative logistics facility at Panattoni Park Swindon—setting a new benchmark as the largest project of its kind ever undertaken in the UK.
The milestone follows the letting of Panattoni’s previous record-breaking development, an 885,000 sq ft unit at Avonmouth, underscoring the strength of demand in the large-scale logistics market and reaffirming the company’s confidence in its speculative development strategy.
Situated on the 360-acre site of the former Honda manufacturing plant, Panattoni Park Swindon is set to become a transformative logistics and industrial hub, delivering 7.2 million sq ft of state-of-the-art space. The first phase of development includes the newly launched 915,000 sq ft unit alongside a second 545,000 sq ft facility, which is already under construction. This phase represents a £300 million investment thus far, backed by U.S. capital – a major vote of confidence in the UK logistics market. Total project costs once complete will be c. £900 million and it will add over £1.2 billion to the economy over the next ten years, creating up to 7,000 jobs on site.
James Watson, Head of Development – Southern England & London at Panattoni UK, said: “Having recently leased Panattoni Park Avonmouth, the largest speculative warehouse to have ever been built in the country, I’m pleased to announce today we are now commencing construction of an even larger speculative warehouse in Swindon. Panattoni Park Swindon embodies our model: scale, location, power, and quality—delivered ahead of demand. Panattoni Park Swindon is one of our largest developments globally and will be exemplary in its class.”
Vertical construction of the 915,000 sq ft unit is set to begin in June. The facility is designed to meet the requirements of high-volume logistics and manufacturing occupiers, featuring 21-metre clear internal height, a cross-docked service yard which extends over 90 metres, and market-leading ESG credentials. It will be BREEAM ‘Outstanding’ rated and achieve an EPC ‘A’ rating.
With the vertical build of the UK’s largest speculative logistics unit commencing this summer, Panattoni continues to lead the sector—delivering sustainable, large-scale developments that respond directly to market demand.
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BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.
BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.
“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”
BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.
“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”
Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.
BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.
BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.
“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”
BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.
“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”
Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.
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