Currently Howard Group’s only major London assets, the Elizabeth and Juno Way Industrial Estates have been transformed over recent years through active asset management and award-winning development.
AcquiredElizabeth Industrial Estate: 2000 Juno Way: 2004
ValueTotal investment value c £40m
AwardsShortlisted for 'UK Deal of the Year' and 'Best Multi-let Industrial Estate' by IAS
Howard Group identified one of the most exciting regeneration and growth areas in London through the acquisition of the Elizabeth and Juno Way industrial estates. Located on the border of Bermondsey and Lewisham boroughs, this area has historically been seen as one of London's less desirable locations but is undergoing a rapid transformation through significant regeneration and inward investment. The region stands to benefit from further large-scale regeneration and infrastructure improvements over the coming years. Over 12,500 consented new homes lie within walking distance of the site and the 'New Bermondsey' East London line station is just 75 metres away.
Between 2013 and 2015 Howard Group undertook a lengthy process of site assembly, demolition, remediation and redevelopment resulting in one of the UK deals of the year in 2014, a new 58,000 sq ft pre-let to DHL facilitating their relocation from Nine Elms. The balance of the land was developed as a high profile trade park fronting the Surrey Canal Road and is now fully occupied by national trade counter occupiers.
Howard Group's Lewisham assets are home to a number of national brands including: DHL, Topps Tiles, Screwfix, Crown Decorating Centre and RS Components.
Combined with the quality of the scheme and the occupier line-up, the estates have been shortlisted for the IAS Awards 'Best UK Multi-let Industrial Estate' and the 'Deal of the Year' for the DHL pre-lets.
The Elizabeth and Juno Way Industrial Estates are located on the border of Bermondsey and Lewisham boroughs.