Panattoni Begins Construction of Logistics Scheme Near Reading

Panattoni has started construction of Panattoni Park Reading, a speculative logistics development located at Junction 12 of the M4 in the Thames Valley.

The scheme will provide two Grade A warehouse units totalling 106,453 sq ft. The buildings, known as R50 and R56, will offer 50,329 sq ft and 56,124 sq ft respectively, with the option to combine both into a single facility. Completion is scheduled for the first quarter of 2027.

The development is positioned directly alongside the M4 motorway, providing access to a large regional consumer and labour market. According to Panattoni, more than 65 percent of the UK population is reachable within a 4.5-hour drive, while approximately 1.22 million people live within a 30-minute commute of the site.

The warehouse units are being developed with a range of technical and sustainability features, including a secured 1 MVA power connection, 10-metre internal clear heights, 50-metre yard depths and floor loading capacity of up to 50 kN/m². The buildings are targeting BREEAM ‘Outstanding’ certification and EPC ‘A’ ratings.

Planned sustainability measures include rooftop solar photovoltaic panels, rainwater harvesting systems, electric vehicle charging infrastructure and cycle parking facilities.

Will Fennell, Development Manager for South East and London at Panattoni, said the company decided to proceed speculatively due to limited availability of modern logistics space in the Thames Valley market and continued occupier demand along the M4 corridor.

The project is also expected to deliver local infrastructure improvements, including a new public footpath linking Theale High Street with Hoad Way, alongside landscaping works around the site. Panattoni estimates the development could support around 150 jobs once occupied.