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PLP rolls out the barrels at PLP MK with leasing of MK 147 to Kegstar

Kegstar successfully lease 147,000 sq ft at PLP MK in Milton Keynes.

PLP are pleased to announce the leasing of MK 147 to Kegstar, the leading logistics operator and disruptor of the brewing industry, with its sustainable and circular keg supply chain.

The 147,015 sq ft (13,658 sq m) unit has been built to the highest specification and benefits from carbon net zero in construction, as well as having been future proofed for net zero operations, so supporting Kegstar’s sustainability ambitions. The unit will play a vital role in Kegstar’s expansion plans to serve more customers in the UK and Europe, with their innovative shared keg model.
MK 147 is one of ten units delivered in Phase 1 at PLP MK, totalling 1.06 million sq ft.

PLP MK is the first industrial and logistics business park in the UK to be carbon net zero in construction and benefits from arguably the best leisure and amenities in the market. The business park environment and proximity to Milton Keynes City will provide occupiers with an outstanding working environment.

PLP MK was acquired in 2021 by PLP’s flagship investment vehicle, the PLP UK Logistics Venture (UKLV 1), which is owned by majority investor Ivanhoé Cambridge alongside The Peel Group, Macquarie Asset Management (MAM) and PLP senior management.

Edward Jackson, Development Director at PLP commented: “Welcoming Kegstar to PLP MK is an important step in the evolution of the business park as it represents the start of a new community and a new economic ecosystem within Milton Keynes. We look forward to being a part of Kegstar’s growth plans and to welcoming more customers to PLP MK very soon.”

Bryan Place, Kegstar’s President, commented: “Brewers are blown away when they tour our operations in the U.S. as these facilities are the most advanced in the world. Our new facility is just the latest step in our expansion across the UK and Europe.”

PLP were advised by Savills. DTRE advised Kegstar.