International contract logistics group ID Logistics has signed a lease agreement with Panattoni for unit S440, a 440,167 ft2 (c. 40,900m2) speculative development at Panattoni Park Sittingbourne.
According to Panattoni, letting of S440 has been recognised as the largest deal signing this year in the South East.
ID Logistics is expected to occupy the building from early January and it is expected to go live in May 2026.
Unit S440 benefits from 15-metre clear internal height, extensive dock and level access provision, and a 50-metre contained service yard. Furthermore, the building includes roof-mounted solar PV within the base specification.
Located around four miles from Junction 5 of the M2 and positioned between London and the Port of Dover, the site will support UK distribution and port linked logistics.
Stuart Evans, managing director ID Logistics UK said: “The UK is one of the most dynamic markets in Europe and our rapid growth here reflects our ability to deliver agile, customer-focused logistics solutions. This new contract and the launch of our Sittingbourne site underline the company’s long-term commitment to the UK and our confidence in its continued potential.”
With this latest lease agreement, ID Logistics willy occupy more than 1.8 million ft2 of space within Panattoni Parks across Europe.
“It is great for us to secure such a significant letting this year. Securing ID Logistics at Panattoni Park Sittingbourne is a major endorsement of the park’s scale, specification, and location,” said Alex Mitchell, associate development director South East & London at Panattoni UK.
“In a South East market where large, high-quality space is increasingly hard to find, this letting demonstrates the depth of occupier demand for immediate, future ready capacity along the M2 corridor,” he added.
Just one speculative unit of 205,000ft2 remains at Panattoni Park Sittingbourne.
