Pigeon Acquires Twinwoods Business Park in Bedfordshire
2 min read
Pigeon is pleased to announce the acquisition of Twinwoods Business Park, near Bedford. Extending to over 165 acres, the park is let to over 20 tenants including the Secretary of State, Red Bull Racing, and numerous industrial and engineering businesses. There is also vacant land that has longer-term potential. We intend to add value by bringing forward an investment and development programme to accommodate a range of uses. This will include creating large-scale open storage solutions to meet current demand.
Originally constructed in the 1950’s, Twinwoods started life as a world-class wind tunnel testing facility operated by the Royal Aircraft Establishment. The park came out of MOD ownership in the 1990’s and is now let to numerous diverse businesses. With a location close to Bedford, it benefits from access to major arterial routes including the A1 and A6.
Ben Guest, Director – Investment, at Pigeon comments: “We are thrilled to announce the acquisition of Twinwoods Business Park and are excited about the opportunities it presents for us, our stakeholders, and our customers. We intend to make a significant investment in the park, enhancing the property to ensure it meets the needs of existing and new customers. The initial focus will be on the industrial open storage sector, and we are talking to numerous tenants about delivering storage solutions of scale. However other sectors such as manufacturing, recycling, film studios, and renewable energy are also being considered.”
This strategic move is in line with our broader vision for expansion and growth, further solidifying our position as a key player in the sector and the region. The acquisition demonstrates our confidence in the potential for continued success and innovation in the Eastern region.
For further information, please contact Ben Guest