JP Morgan Asset Management and its joint venture partner, Graftongate, have commenced construction on Reading Logistics Park, a new 160,000 sq ft last-mile logistics scheme near Reading.

The scheme will deliver four highly sustainable industrial units across an 8.5-acre site off Junction 11 of the M4. Unit sizes will range from 25,262 sq ft to 67,704 sq ft, offering occupiers flexible, adaptable space with capacity for future expansion.

Designed to achieve net zero carbon in operation, the development will incorporate a range of sustainability features including photovoltaic solar panels, LED lighting, and electric vehicle charging infrastructure. It is targeting EPC A+ and BREEAM ‘Excellent’.

Magrock is the main contractor, with completion scheduled for Q2 2026.

Reading Logistics Park was acquired by JP Morgan Asset Management and Graftongate earlier this year as part of a £500 million joint venture focused on delivering high-quality, sustainable urban logistics space.

The development lies just 40 miles from London and provides immediate access to the M4 and excellent connectivity to the M25, M40, M3, and M5. The area is home to a number of major occupiers, including Audi, Bidfood, Tesco, Yodel and GXO Logistics.

For further information please contact joint agents, Jake Huntley and Maddie Moriarty of DTRE, and Neil Seager of Haslams, or visit https://www.readinglogisticspark.com/