Planning permission has been secured for LGIM Real Assets (Legal & General) and its development partner Wrenbridge’s plans to transform a 107,000 sq ft industrial development at Gateway Cambridge in Bar Hill.

Once complete, Gateway Cambridge will comprise eight Grade A units, ranging in size from 3,046 sq ft to 45,694 sq ft. Bar Hill is strategically located on the newly improved A14 with excellent connectivity to Cambridge and the M11.

Rob Codling, Senior Fund Manager, Managed Property Fund said: “Gateway Cambridge, Bar Hill was acquired by the Managed Property Fund in 2006 and is now well placed for modernisation. In line with its strategy, the fund is continuing to maximise holdings where we can be confident that location, occupier demand and sector fundamentals will sustain resilient income streams for the long term. At Bar Hill, we look forward to delivering a high-quality, sustainable development which can provide both economic value and employment opportunities to the local area.” 

Bar Hill has been designed from its inception to be a best in class, environmentally sustainable industrial development which focuses on staff wellbeing. As redevelopment gets underway, Legal & General will look to further bolster the ESG credentials of the new Gateway Cambridge scheme.