Delivering space for business

Rigby Real Estate owns a diverse commercial real estate portfolio with freehold properties and large scale developments surrounding the group’s airport assets at Bournemouth, Coventry, Norwich and Exeter.

8,000,000

sq ft of development

£32

million Property Portfolio

500

acres of development land

200

occupiers

£32m

of freehold property assets

£32m

of freehold property assets

Review of the Year

During the last 12 months, Rigby Real Estate has continued to focus on its initial development activities across the Rigby Group’s existing Airport assets at Coventry, Bournemouth, and Norwich.

The business continues to identify development and income opportunities across the property portfolio. These opportunities involve:

  • Submitted planning for 1 million sq ft of development at Bournemouth.
  • Commenced building a new 70,000 sq ft hangar and workshop at Norwich for KLM.
  • Released the 3.6 million sq ft shared asset at Gateway South in Coventry to SEGRO.
  • Master planning over 1,000,000 sq. ft. of employment space at Norwich and Exeter.

Find out more

Future Plans

Aviation Business Park

Bournemouth – creating a world class business park

As part of our strategy to create a world-class business park at Bournemouth Airport, Rigby Real Estate submitted three planning applications with the aim of unlocking high-quality employment land and facilitating associated infrastructure.

The aim is to deliver new opportunities whilst providing a major boost for the local economy. Our objective is to appeal to leading national and international manufacturing, logistics and aerospace businesses with a range of high-quality, class-leading units.

With more than one million square feet of new commercial floor space over approximately 75 acres of land, the projected development could contribute £93m every year to the Dorset economy.

36 Acres for Jaguar at Coventry

Jaguar Land Rover purchased 36 acres at Whitley South for new research and development space. This is in addition to the expansion of their powertrain facilities which will see JLR investing over £500 million in the area.

Business not as normal

March 2020

We currently find ourselves in unchartered territory as we face the global pandemic of COVID –
19 Coronavirus. Never have we experienced a situation where our daily environment has been
subject to such unpredictable and rapid change. This event will inevitably have a major impact in
our industry and to our business. Clients, investors and trade suppliers will all suffer from the
downturn that will be felt and it will take a while to recover.

Whilst we are all sharing the same feelings of fear and uncertainty for our health and that of our
family and friends, our strength will lie in our unity, understanding and respect for those around
us. First and foremost, the health and well-being of our employees, clients, suppliers and industry
colleagues is our top priority whilst also ensuring project delivery. It is not business as normal,
but we are fortunate to be one of the best-equipped teams in the business and are able to work
flexibly.

With this in consideration the team are working remotely on projects whilst we continue to
monitor the situation around COVID – 19 Coronavirus adhering to government guidelines and
advice. We are committed to maintain working practices and have implemented special
measures to keep business as close to usual during this challenging time.

We remain open for business and are working via telephone, video and online communications
as needed. We are taking measures to ensure that those who are not working from home are
protected in our offices as well as when they are on our project sites.

We are currently focused on maintaining development activity and programmes, however with
global uncertainty and escalating matters in the United Kingdom this position will be closely
monitored by Rigby Real Estate moving forward.

We will push through this difficult time together and come out more united and stronger.
Yours sincerely,
The team at Rigby Real Estate

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