Bridges Fund Management, Pembury Real Estate form joint venture for £70 million Atherstone warehouse project

• Bridges Fund Management formed a joint venture with Pembury Real Estate to develop a £70 million industrial and warehousing scheme in Atherstone, Warwickshire.
• The 25-acre brownfield site, formerly owned by 3M, has capacity for up to 420,000 square feet within the UK logistics “Golden Triangle”.
• The project targets regeneration with biodiversity and amenity upgrades near the River Anker.
• The partners estimate the scheme could create more than 500 jobs.
• Projected business rates are nearly £2 million a year once the development is operational.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bridges Fund Management Ltd published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.