KKR and Mirastar, KKR Real Estate's industrial and logistics platform in Europe, have entered into a term finance agreement to speculatively develop a prime logistics building (known as XDock) in Widnes, in the north-west of the UK.

The approximately 51,000 m2 XDock building will be developed to best-in-class specifications, targeting BREEAM Excellent certification, an EPC A rating and will benefit from double-sided loading.

The property is strategically located for regional and national distribution with immediate access to the national motorway network via the M62, M57, M6 and M56.

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