Prologis welcomes first occupier to Prologis Park Birmingham Interchange

Press Release

This dual letting is great news for local employment, and we are delighted to be able to support IAC Group’s continued expansion in the UK

Ashleigh Hayes, Prologis UK

Prologis UK is pleased to announce that it has signed an agreement to lease both buildings on Prologis Park Birmingham Interchange (PPBI) in Solihull to global automotive supplier, International Automotive Components Group (IAC) – a leading global supplier of automotive components and systems.

IAC signed an 11-year lease deal for both buildings on the park, totaling 310,000 sq.ft. The facility is strategically located close to the production site of Jaguar Land Rover (JLR) - a longstanding customer of IAC and the units will be used solely to service JLR’s requirements.

The site will be used for manufacturing, assembly and sequencing, in addition to housing certain centralised UK-based functions such as engineering, programme management, commercial, finance and IT. The company plans to invest in state-of-the-art highly automated process manufacturing for the site.

“We are a customer-centric company, which is why it was an easy decision for us to expand our operations near our customer’s production sites,” said Manfred Gingl, IAC Group’s CEO. “IAC views the UK as a strategic market, and we look forward to continuing our partnership with JLR long into the future.”

IAC Group's new units at Prologis Park Birmingham Interchange

IAC currently supplies components and interior trim to Land Rover and Range Rover models in the U.K. The company anticipates full production at the site in 2021 and will create an additional 400 jobs in the region.

 “IAC’s decision to locate its facility at Prologis Park Birmingham Interchange further endorses the West Midlands as a premier location for the automotive sector and is a huge vote of confidence for the region,” said Ashleigh Hayes, Associate Market Officer for Prologis UK. “This dual letting is great news for local employment, and we are delighted to be able to support IAC Group’s continued expansion in the UK.”

Savills and Burbage Realty acted for Prologis UK. IAC was represented by Melissa Wase-Rogers, Director at CBRE.

Prologis Park Birmingham Interchange was designed with the needs of Park employees and the local community in mind. Dedicated areas of green, open space with walking trails will enable employees and local residents to enjoy time outdoors and the site’s proximity to public transport, childcare facilities and local amenities make it a great place to work.

Prologis has been actively investing in the West Midlands for the past twenty years, investing over £1bn in the region. Within the UK Prologis has £3.7bn (26 million sq. ft) of assets under management and a land bank capacity of 4.2 million square feet and a further 12m square feet under option.