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Graftongate to Build £30m Helicopter Logistics Hub in Yeovil

Commercial People has learned that a leading real estate developer, Graftongate, is set to deliver a new £30 million advanced helicopter logistics hub on behalf of Italian aerospace giant, Leonardo.

Based in Yeovil, Somerset, the 210,000 sq ft project will consolidate eight existing warehouses into one all-encompassing logistics hub.

Graftongate will deliver the new development on a 35-year lease in partnership with a CBRE Investment Advisory retained pension fund.

Leonardo’s logistics partner, Kuehne+Nagel, will operate the new facility under a ten-year logistics contract.

Construction of the development will commence in August and is scheduled for practical completion in Q4 2022.

Commenting on the development, Jamie Hockaday, Director at Graftongate, said: “We are very pleased to have collaborated with Leonardo Helicopters and Kuehne+Nagel to aid the delivery of the UK’s only onshore helicopter manufacturer.”

Featured Image: CGI of the new £30 million advanced helicopter logistics in Yeovil that is being developed by Graftongate on behalf of Leonardo.

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