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Henry Boot adds three more schemes to Origin JV
(Sharecast News) - Land and property developer Henry Boot has announced the addition of another three schemes worth £56m into its industrial and logistics joint venture, Origin. The three projects total 262,000 square feet of prime industrial and logistics space, with construction on each expected to start at the end of January, with delivery some time in the second half of 2026.
Origin, in which Henry Boot's property investment and development arm HBD owns a 25% share, was launched with Feldberg Capital in December 2024 with the intention of deliver £1bn of industrial and logistics schemes across the UK.
It was seeded with three projects worth £100m from HBD's development pipeline, all of which have now reached practical completion, on time and on budget, Henry Boot said.
"By combining HBD's development pipeline and operational capabilities with Feldberg's investment management expertise, the JV is accelerating the delivery of Grade A industrial & logistics space across the UK," said Henry Boot chief executive Tim Roberts.
"With the initial three assets already completed and leasing well this innovative partnership is creating value for our investors. We are also making good progress on executing the JV's strategy, with the recent addition of new schemes to Origin replenishing our committed development programme."
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