Royal London Asset Management Property and development partner Graftongate reveal plans for £140m industrial/logistics scheme in Fareham
Royal London Asset Management Property, together with Development Manager Graftongate, has submitted plans for the development of Fareham Distribution Park, a premier industrial/logistics scheme in Hampshire.
The proposed development will deliver four high-quality units on a 24-acre site, ranging in size from 94,148 sq ft to 199,496 sq ft, designed to meet BREEAM Outstanding.
The scheme has an estimated GDV of £140 million and is available for pre-let, with the flexibility to accommodate a single unit of up to 550,000 sq ft, catering to large-scale occupiers.
Units will be available in Q1 2028, following Eaton Corporation’s move to its new 176,000 sq ft aerospace facility at Daedalus, which is also being delivered by Royal London Asset Management Property and Graftongate.
Formerly known as Abbey Works, Fareham Distribution Park was acquired by Royal London Asset Management Property in 2024, in line with its strategy of delivering high-quality, sustainable industrial space in established core markets.
Matthew Barnes, Investment Manager at Royal London Asset Management Property, said:
“We are pleased to be moving forward with our plans for development at Fareham Distribution Park. This site is rare in the South Coast market for both its scale and its connectivity, and we are looking forward to delivering best-in-class industrial and logistics facilities for prospective occupiers, in line with our development strategy.”
Alex Thomason, Director at Graftongate, said: “Working with Royal London Asset Management we are pleased to progress Fareham Distribution Park to planning submission. The scheme is exceptionally well connected and will provide much needed high-quality industrial/logistics space in the South Coast market. We look forward to speaking to prospective occupiers.”
Strategically located just 1.1 miles from Junction 9 of the M27, Fareham Distribution Park is ideally positioned within a thriving commercial hub that hosts a diverse mix of logistics, manufacturing, and high-tech businesses.
The site benefits from excellent connectivity to the M27 and M3, Southampton Port, and key national and international distribution networks, offering immediate access to suppliers, customers, and skilled talent.
For more information, please contact retained agents DTRE and CBRE.

