Kirkby Diamond secures Bucks hub for logistics giant Jungheinrich

By Daniel Face

23 January 2024

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Jungheinrich UK has agreed a three-year lease on a 9,232 sq ft unit at Bradwell Abbey industrial estate in Milton Keynes.

Paul Quy, associate and head of agency at local consultancy Kirkby Diamond, secured the deal on behalf of owners Warehouse REIT.

The unit lies close to the A5 dual carriageway and a short drive from Milton Keynes Central Station in the town centre.

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This is ideal for Jungheinrich, one of the UK’s top three leading intralogistics providers, which generates an annual turnover of more than £200m.

Paul said: “We’re thrilled to welcome one of the biggest names in intralogistics to Bradwell Abbey.

“Their arrival is a massive vote of confidence in the estate which has undergone extensive refurbishment in the past 18 months or so following Warehouse REIT’s acquisition of the site.

“Alongside the energy efficient building refurbishments, the site benefits from improved amenities and a dedicated estate office with on-site management team.

“It’s a place that has all the right ingredients for companies like Jungheinrich to thrive.”

Kirkby Diamond were joint agents with Lambert Smith Hampton on the deal.

By Daniel Face

Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.