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The Requirement
The Co-operative Group (Co-op) was seeking to consolidate six
existing operations into one distribution facility at a location
from which it could deliver to retail outlets in Scotland and the
north of England.
Because the Co-op has undertaken to reduce its energy
consumption by 25% on 2006 levels by 2012, it was important that
the new distribution centre should be a low carbon building.
Canada Life was seeking a long-term secure investment at a good
yield for its annuity fund.
The Solution
Prologis was able to offer a site at Newhouse, near Glasgow,
immediately adjacent to the M8 motorway and signed a pre-let
with the Co-op for a 503,000 sq ft distribution centre.
When agreeing the occupational deal, Prologis also entered into
a forward commitment to sell the completed facility to
Canada Life Ltd.
The building has been designed and constructed to be energyefficient
and cost-effective to run. As a result, it has achieved an
EPC ‘A’ 8 rating (equivalent to a CO 2 index 20 under the English
system), the lowest – and therefore the best – rating that Prologis
has achieved to date.
This means that the energy costs of the new Co-op building will be
56% lower than those of a benchmark new build of the same size
rated EPC ‘B’ 18 (equivalent to a CO 2 index 48 under the English
system) and 80% less than the energy costs of an existing building
(EPC ‘E’ CO 2 index 102 under the English System).
As well as its energy performance, the overall environmental
sustainability of the building has been assessed.
www.prologism8.co.uk
Areas such as management, health and wellbeing, transport, water
use, materials and waste, land use and ecology and also pollution
have been included in the initial assessment and as a result, the
building is expected to achieve a BREEAM ‘Excellent’ accreditation.
The building has been used as the first trial site for the
development of a new product by Corus Colours Ltd. New highly
reflective roof liner panels have been used throughout the ambient
area of the warehouse and it is expected that this system will
reduce lighting energy use by 7-8%.
Prologis has also taken measures to eliminate the carbon
embodied in the structure and fabric of the building. Embodied
carbon emissions were measured by sustainability consultants
Deloitte. Physical reductions in embodied carbon were recorded
during construction and the remaining embodied carbon footprint
has been offset by 100%.
As a result of the combined reduction of operational and embodied
carbon emissions, the building has a carbon intensity of 0.228
tCO 2 e/m 2 /annum, which is 75% lower than that of a new
benchmark building constructed in full accordance with current
Building Regulations.
The Result
The Co-op has a new cost-efficient distribution centre that
not only saves running costs but that also contributes to its
corporate climate change targets.
Canada Life has a building that is likely to retain its value.
“
Prologis has an impeccable reputation for its high quality,
energy efficient design and development. We therefore
committed to this project early on and we are delighted to
”
add the facility to our growing portfolio.
Michael White, investment director at Canada Life
CASE STUDY