Work starts on high-tech facility close to Bournemouth Airport
Posted on: 29/06/2016

Leading commercial property developer Stoford have begun work on a multi-million pound high-tech facility close to Bournemouth Airport. Stoford had their plans approved by Christchurch Borough Council last year, and will see 45,000 sq ft of offices and a 115,000 sq ft production unit on a 10.64 acre site.

The forward funding arrangements for the commercial project have been completed with Global Gate Capital alongside its simultaneous acquisition of a nine-acre site from Bournemouth Airport operator and owner MAG.

Rudy Sayegh, CEO at Global Gate Capital, added “We are delighted to have completed this forward funding, our second with Stoford Developments in recent months, and we are looking to invest a further £100m in such property in 2016.”

Other businesses located at Aviation Business Park include Siemens, Honeywell, Cobham, and Ocean Yacht Systems. The high-tech facility is expected to bring significant investment to the south coast, securing a number of new jobs and opportunities for the surrounding area.

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