Watford Works Logistics Development

Project Overview
Harleyford Capital, in partnership with Fiera Real Estate, has acquired and secured planning for a landmark 180,000 sq ft urban logistics redevelopment in Watford, a strategic logistics hub in North West London. Situated on a c.7-acre site at Wolsey Business Park, the scheme is set to be of the largest and most sustainable mid-box industrial developments in the region.

Watford sits at the junction of the M1 and M25, making it a key distribution point for occupiers serving Greater London and the South East. The site benefits from excellent access, a highly skilled workforce, and deep occupational demand from a wide range of sectors.

The project, set to commence in Q4 2025, will deliver 13 highly functional warehouse units with strong emphasis on modern logistics requirements. Built to EPC ‘A+’ and BREEAM ‘Outstanding’ standards, the scheme represents best-in-class specification in a severely supply-constrained market. The project is set to be one of the first WiredScore Certified urban logistics developments in the UK.

Strategic Rationale
The Watford development exemplifies Harleyford’s focus on unlocking underutilised, well-located sites to create high-quality, sustainable logistics stock in core urban submarkets.

Executed via a complex, off-market transaction with a private family office, the acquisition demonstrates Harleyford’s ability to structure and deliver nuanced transactions, including phased delivery programs and proactive stakeholder engagement throughout the planning and design process.