ABP to expand Port of Immingham
Associated British Ports has acquired 21 acres on the western side of the port, which comes with a live hybrid outline planning application for up to 300,000 sq ft of industrial buildings or 16 acres of industrial open storage uses.
The off-market transaction follows ABP’s recent partnership with JLL as its national property agent.
Recently, the company was also given the green light to construct a new roll-on roll-off terminal at the port, in partnership with Stena Line.
Fronting Humber Road and Rosper Road, the site was described as ‘strategic’ and ‘integral’ to ensuring the UK’s largest port by tonnage has room for growth.
Greg Lacey, head of property said: “We are witnessing continued strong demand for warehousing to support traditional bulk cargos, as well as from industrial open storage requirements.
“The site’s proximity to both Philips 66 and Prax is important, and we are considering how it could play into much broader energy projects for generation and storage – which is a key part of ABP’s new mission to enable the energy transition, and in this particular case, play our part in helping decarbonise the Humber”.
ABP has a total portfolio of 8,600 acres across the UK, including more than 2,400 acres of development land, and the 227-acre purchase of Stallingborough Interchange late last year.
