Logistics developer and investment manager PLP has acquired a 29.43 acre site at Longbridge, Warwick, from Midland Land Portfolio, the property development arm of water company Severn Trent.
Room to build
The site carries outline planning permission for around 343,830 square feet of industrial and logistics space, with reports suggesting PLP may bring forward a larger scheme of some 440,000 square feet by incorporating a further plot.
It sits beside Junction 15 of the M40, a well connected location for distribution across the Midlands.
Building Midlands momentum
It is the second major logistics site PLP has secured in the Midlands this year, following an acquisition near the M1 in Nottinghamshire earlier in 2026.
Chief executive Jeremy Greenland leads the developer, which continues to add to its pipeline of speculative and build to suit logistics space.
What this means for commercial teams
- A growing development pipeline signals future demand for commercial leasing, customer and asset management talent.
- Developers expanding their footprint often need salespeople who can pre let space and nurture occupier relationships early.
This summary is based on reporting by Logistics Matters. Read the original article.
